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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject5/29/2001 11:20:54 AM
From: besttrader   of 37746
 
11:14 ET Newport Corp (NEWP) 36.32 -2.44 (-6.3%): -- Technical -- Holding on to a firmly negative bias but has held at an important
support between 36 and 35.3 (50 day simple ma and May low). Ability to hold here and oversold short term indicators are favorable
developments but follow through beyond resistance at 37.75 needed to improve the recent pattern. A breach would expose a secondary
ceiling near 39.
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