Re: [CANSLIM] AZO


From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] AZO
Date: Mon, 3 Jun 2002 23:04:47 -0400

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Mike,

I see it as in the second week of forming a high handle. Don't see churning,
at least at this point. If it gets several days of sustained volume (2X ADV
or better) and still doesn't budge, then I might be more cautious, but
holding price like it is shows strength to me

- ----- Original Message -----
From: <michael_niemotka@baxter.com>
To: <canslim@lists.xmission.com>
Sent: Monday, June 03, 2002 5:34 PM
Subject: [CANSLIM] AZO


Another question for the group,

Is Azo churning?   It seems like it has not moved up or down much in the
last week or so after the breakout. I have heard others warn that it might
not fly because this is a late forming base.

Any thoughts?


Mike Niemotka , PE
Sr. Principal Engineer
Baxter Healthcare Corporation
Route 120 & Wilson Road
Round Lake, IL 60073
Tel (847) 270-4075
Fax (847) 270-4525
michael_niemotka@baxter.com



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Next Article (by Date): [CANSLIM] Updated A & B charts of Acc/Dis IBD numbers available. "Fred Richards"
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