MASTERING
THE TRADE
ORIGINAL, INTERACTIVE
SEMINAR ON TRADING USING
TECHNICAL ANALYSIS
EARNINGS
ESTIMATES
U.S.
QUOTES
U.S.
CHARTS
TECHNICAL
OPINION
CANADIAN
CHARTS
SEC FILINGS
BROKER
RESEARCH
9/5/98 Lamar
Advertising (LAMR) [Weekly Chart]
Points to Watch: Short to
intermediate term short sale candidate. Stock is in downtrend following double top
formation (1,2 on chart) on weekly chart. Weekly RSI, MACD, and Money Flow all
showed negative divergences on second peak. Broke through strong support at 30-30 1/2,
confirming double top. Closed on key support level. Wait for 2 closes below 27-27
1/4 before shorting stock. Downside target is 20-22.
Copyright � 1998-2002 Tulips and Bears LLC.
All Rights Reserved. Republication of this material,
including posting to message boards or news groups,
without the prior written consent of Tulips and Bears LLC
is strictly prohibited. 'Tulips and Bears' is a registered trademark of
Tulips and Bears LLC
Last modified: April 02, 2001
Published By Tulips and Bears
LLC