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Non-Tech : The Critical Investing Workshop

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To: crdesign who wrote (5036)2/25/2000 9:05:00 AM
From: Jim Willie CB  Read Replies (2) of 35685
 
TA on PRGN: bullish here with some cautious note

range recently of 37-47 appears to be breakable upside here
got support with 18day MA and 30day MA working well
got a bullish ascending triangle perhaps about to break upside
target points to adding 10 pts to 57
stochastic daily looks like a bullish divergence
(english: on downdraft just now, closed way off lows)

but, no big momentum swing is apparent yet
MACD is not crossing over, really tepid
volume was strong on downside last week and this week early
volume has not recovered much yet
money flow is still poor since tuesday

could be a breakout upside imminent
perhaps buy this sucker on strength upon that break
or add to initial positions upon break upside

what is their shitck? automated cat toys?
/ Jim
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