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Technology Stocks : Bright Future for Bright Star ? (BTSR)

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To: JOED3 who wrote (8)2/11/2000 6:10:00 PM
From: MatthewZ  Read Replies (1) of 12
 
Joe, where did you learn TA? No offence but take a good refresher course. I was watching the stock for half of the day, look at how the stock wants to bounce off the 50day MA. Also look at the spike at the end of the day - the stock is above this MA and does not want to go below this. Also watching level II you could see a few big buys at this critical level - also the chart formed a hammer (candle stick pattern) indicating a reversal - the stock was up in a down market! Look at the last time the stock touched the 50 day...
Later, Matthew.
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