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Technology Stocks : AUTOHOME, Inc
ATHM 24.84-0.8%Nov 11 3:59 PM EST

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To: E. Graphs who wrote (16716)11/4/1999 9:45:00 PM
From: Jack Hartmann  Read Replies (1) of 29970
 
EG,
The way I look at the ATHM chart you posted a while back, is to deduce that MACD is trending down, the 13 EMA is still below the 50 EMA. I figure about three weeks to see a change. When these two stats change, the chartists will hop on board. Volume will increase, and ATHM should see another quick run to $50. Whether to retake profits will depend on the situtation at the time. Any comments from the technical side?
Jack
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