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Strategies & Market Trends : Gorilla and King Portfolio Candidates
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To: Uncle Frank who wrote (3126)6/25/1999 9:54:00 AM
From: AI Master  Read Replies (1) of 54805
 
Hi Frank.

Not for sure if this will help you on NTAP.

Analysis of the rate of change of the exponentially smoothed average price suggests the completion of an uptrend. The rate of change is topping out and starting to decline. In this market this is a bearish indication that a reversal may occur soon.

On Balance Volume has reached a six month high while equity price remains below its prior high. This evidence of demand indicates a bullish continuation in price movement to the upside.

The Price Phase Indicator is moving to the upside. This is a bullish continuation signal showing that an uptrend is in place and that prices are more likely to continue to the upside than they are to drop.

Good luck and happy trading NTAP.

Rocky
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