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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST
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To: TsioKawe who wrote (14366)10/4/1999 6:47:00 PM
From: JOHN WHITE  Read Replies (1) of 15313
 
Hi TK,
Traditional TA interpretation of increased volume with no price movement on or near a bottom suggest that a breakout to the up side might not be far away.
Considering the extended time that has passed with no word coming out of FNTN and the extreme negative tenor of both SI and RB FNTN threads coupled with today's "churning" action suggests that we could have witnessed the very first - and almost hidden - indicators that a reversal could be brewing.
If a reversal does soon occur , considering the extremely long price base that has been set over the last couple of years and the stored up momentum that has been building , those who are on the sidelines looking for a suitable investment entry point might want to position themselves to move quickly.

Admitedly of the above is conjecture but also valid TA for those interested,
John
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