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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Sonki who wrote (8428)5/11/1998 7:53:00 PM
From: Chris   of 42787
 
sonki: [MSFT]

i would not enter msft at the moment. remember, im not a bottom fisher or a buy on dip... i usually wait for a weekly buy on a chart (msft is on weekly sell)

i feel downtrend will continue soon..

look at donald sew's comments on msft as well on TSO thread.

CSS II:
Analysis of MICROSOFT
(MSFT)

Reviewed on 5/11/98

****************************
High: 86.188
Low: 84.063
Close: 84.250
Change: -1.500 (-1.7493%)

Volume Today: 12,868,600 shares.

On 5/11/98, MICROSOFT closed down -1.5000 at 84.2500 on volume 15.04% below average.
****************************

Summary:

Moving Averages

MICROSOFT closed at: 84.250

The close is currently Below its 5 period exponential moving average (85.6103).

The close is currently Below its 9 period exponential moving average (86.9234).

The close is currently Below its 21 period exponential moving average (88.4322).

The close is currently Below its 50period exponential moving average(86.5150).

The close is currently Above its 200 period exponential moving average (74.6756).

****************************
Candlesticks

A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 3 white candles and 7 black candles for a net of 4 black candles. During the past 50 bars, there have been 24 white candles and 26 black candles for a net of 2 black candles.
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