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Technology Stocks : Presstek -- Stock of the Decade??
PRST 0.00010000.0%Sep 29 10:16 AM EST

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To: Brent who wrote (9868)8/20/1998 6:44:00 PM
From: Ms. X   of 11098
 
Presstek technically.

Looking at the P&F chart, Presstek is still trading below it's bearish resistance line and the RS is still negative. The recent move has given it one buy signal after finding support at 7.5.
Next area of resistance is 14.5 with 15 being the next buy signal.

What am I saying here?
While a stock is trading below the trend line and relative to the market it is weak, it is a risky play.

The sector is negative too, but low.

Hopefully, Presstek continues to make higher bottoms and buy signals.

Good luck to all.

Jan I am
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