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Microcap & Penny Stocks : All American Semiconductor (semi)
SEMI 30.01-2.6%Feb 4 4:00 PM EST

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To: Arthur Tang who wrote (703)5/29/1998 11:26:00 AM
From: Arthur Tang  Read Replies (1) of 952
 
Technical analysis:

On Yahoo big one day chart this morning, several large blocks(up to 40,000 shares) traded (overbought) and the price retreated.

On the Yahoo one year chart, if this move breaks out of the $2 resistance level; then, if it establishes an upward slope in the next month, some institutional buy program may be in the works.

And if SEC 13 D/A is filed or confirmed else where, then we are in the money. Otherwise, it is just another flash in the pan.
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