3DFX Message Board - Msg: 5067467

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Technology Stocks : 3DFX

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To: Chip Anderson who wrote (4935)	6/30/1998 7:15:00 PM
From: Chip Anderson	of 16960

FWIW: I just updated the TDFX chart on coolhistory.com On the plus side: - We got a nice bounce today off of the support level at 16. - We had above average volume on a positive day. - The MACD indicator will _probably_ generate a mid-term BUY signal tomorrow. On the minus side: - The 200-day and 50-day moving averages crossed today, generating a long-term sell signal. - We are still inside the 16-18 trading range. No need to get over-excited until we break out above 18. - The OBV average is trending downwards and will probably do so for a while. Chip coolhistory.com

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