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.
Technology Stocks : Protection One ALRM

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Instock who wrote (125)4/13/1997 10:31:00 PM
From: Doug R   of 146
 
Jeez, I tried posting on the threads to the stocks we're interested
in and ended up with requests to do over 30 stocks. I have about 400
that I check bar charts for developments each weekend. I have enough
to do already without everybody's 2nd cousin asking for charts.
I think I'll hide here for a while.

TRNT--SMI series stronger
MA/MLR stronger, no crossover yet on 13 day. 5 DAY NOW CROSSING OVER.
5 DAY CROSSOVER NOT ORIGINATING FROM TIGHT TRACK THOUGH.
BB Not bad. 34 day BB looks like the most relevant. Price is at the top
band but not out of it yet.
CCI 34 day just peaked above +100 and is now sitting right on it.
The general rule is to close out a long position if it crosses below
+100 but I often see too many whipsaws with that unless it was way over
+100. If it does go way over + 100 it is a good take profit signal.
CCI 34 is hopeful at this point.
CCI 55 is a tougher one to get over +100. Right now TRNT has it at 99.99.
If it goes over 100 that is a really nice buy signal.
PVI/NVI--nothing to worry about here.
RSI 3, 5, 13, 35 day are all stronger now.
Stochastics--seem to be confirming more strength in the stock.

Bar Chart read--3 9/32 was resistance Friday like I told you Thu.
Since it only went to 3 1/4 resistance still intact. (Maybe if I put
a finer point on my cyberpencil I'll find that 3 1/4 was Fri. resistance)
In any case, all it has to do is go sideways tomorrow to break out.
The technicals say it will probably continue up. The market may have
something else to say though. One hopeful point for the market is
that INTC just completed a sequential Friday and the NASDAQ hit day 9
of a setup. That would seem to imply some strength.
TRNT Monday support for this move is 2 7/8 or 15/16. Hang in there
support is at 2 3/4.
Realistic upside target for Monday is 3 5/8 or 11/16. The impossible
line is at 4 3/4.
The money line is at 4 1/8.

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