Equinox Systems (EQNX) Message Board

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Technology Stocks : Equinox Systems (EQNX)

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To: Bleeker who wrote (321)	3/15/1998 10:44:00 PM
From: Scott H. Davis	of 765

Here's some TA on EQNX. Momentum is bullish, and Stochastics are back down from the overbought range. With the Fast St. crossing the slow & sloping down sharply, combined with Williams%r also heading down sharply, we may see a little more pullback. As long as we stay in the 19's next couple of weeks assuming no new news either way or analyst changes), we should start to see price & volume pick back up after the 1st week of April, IMSCO The following was the summary from MarketEdge (a purely TA perspective). Hope it helps Scott COMMENT Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND Chart pattern indicates a POSSIBLE TREND REVERSAL Relative Strength is BULLISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is rising which is BULLISH The 200 day MOVING AVERAGE is rising which is BULLISH RECOMMENDATION STOCK SHOWS STRONGLY IMPROVING CONDITIONS SCORE = 4 IF YOU ARE SHORT THIS STOCK CONSIDER COVERING OR MONITOR STOCK CLOSELY STOCK IS AN EARLY ENTRY BUY CANDIDATE IF STOCK CLOSES ABOVE 19.50

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