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Technology Stocks : Cognitronics (AMEX: CGN)
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To: Neil Kalton who wrote (50)8/13/1997 11:40:00 PM
From: Carl Yee   of 142
 
The TA charts show this stock to be oversold. The Bollinger bands chart shows that this stock is below the lower band and it has never stayed there long. But it hasn't been down on the lower band more than a couple of times.

The stochastics show almost 20% which would signal oversold. The momentum and RS charts are bearish.

If we see it back to the sub 14 area, I am back in. Still have some at 13 5/8, sold remainder at 15 1/4.

Carl
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