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Technology Stocks : Multex.com, Inc. [MLTX]
MLTX 10.13-0.9%Nov 4 3:59 PM EST
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To: FirstDiogenes who wrote (167)11/12/1999 3:10:00 PM
From: Jack Hartmann  Read Replies (1) of 202
 
FD, Good points. From a TA side the moving averages seem to suggest a lower price next week. The RSI is over 50 and MACD is going green. That fact that the moving averages crossed at the zero point is generally very positive. These tend to balance out the moving average trend. Rise today is too fast so some retracement is probably going to happen. I'm in this long and not trying to time the daily swings. Probably see it drop to $17 at the end. I'm betting $20 before $14. Either way I'm holding. Jack
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