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Technology Stocks : U.S. Digital Communications (USDI)
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To: Snowman who wrote (299)2/2/2000 8:11:00 AM
From: Joe Copia  Read Replies (2) of 308
 
USDI looks like it will break out this month. Here are some TA statements from Dcipher:

With a significant positive divergence from the 50-day moving average line, USDI is posting strong positive gains. The stock may consolidate briefly in the short-term before
the next upleg in its current trend as some investors might consider it overbought at this time. The 50-day moving average line is a reliable intermediate-term indicator the greater the divergence from this line, the more profits there are to be had for short-term players.
If the stock pulls back on decreasing volume and volatility in the near-term, this is a positive sign that USDI will experience an uptrend.
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