SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : TLM.TSE Talisman Energy

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Razorbak who wrote (316)6/13/1999 10:44:00 PM
From: Zeev Hed  Read Replies (2) of 1713
 
Razor, in essence all indicators are "go"except the relative strength which could be a little better, but then, it still has room to improve and get us to a yearly high. The price is above all moving averages and the moving averages are in the correct sequence (namely, the highest is the short term MA and the lowest is the long term MA). The MACD looks good, OBV increasing for the last three months and the money flow is very positive and keeps hitting new highs. It is tracking the upper bollinger band, another bullish sign. The stock has formed a classical double bottom at around $14 last September and this March. The bullish trend is in place as long as the stock does not breach $23.75 on a closing basis. It will become extremely bullish if we break the highs from which the decline to the bottom occurred last September, or just above $29 and change.

Zeev
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext