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Technology Stocks : S3 (Multimedia semi's place 2be)
SIII 0.00010000.0%May 12 5:00 PM EST

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To: Sam who wrote (8572)4/8/1997 10:53:00 AM
From: Pullin-GS   of 9477
 
I'm back in today.

I did my charts for S3 last night and found 2 very interesting indicators that are showing a key reversal (buy) signals as of close yesterday.

MACD:
My short-term EMA (14day) just crossed over the long-term EMA (30day).
both have been below equilibrium now for months, without convergence. This indicates a possible turnaround. Lets hope so

Stochastic Osc.:
%K crossed over the %D whil both were below20. Another very bullish turnaround indicator for a possible reversal.

Let me add that thses 2 indicators have been very reliable in the past with S3.

Anyone else seeing this (or other TA indicators)?

cheers...PRB
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