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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Tom Swift who wrote (7159)8/14/1999 11:03:00 PM
From: Sojourner Smith   of 150070
 
TA on OGPS.
Short term MACD is crossing down.
Long term MACD is still running. (8-17-0)
Stochastics long term - still not in overbought range.
Stochastic short-term crossing down.
MOM indicator is still alive.

No sell signals currently.
IMO the short term sell-off has already happened.
If there are sell signals soon, I do not expect any further
sell-off if fundamentals stay the same.

The major reversal indicators are still in place.
Without news, the stock could see $2.00 again
next week. On the next buy signals, maybe 2 weeks away,
we will see another upward run.

That is far as TA can help for me. Major reversals are easy
to read, runs in progress are tricky.

IMO OGPS is long term hold.

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