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Non-Tech : The Critical Investing Workshop

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To: Clappy who wrote (7326)3/14/2000 1:21:00 AM
From: Jim Willie CB  Read Replies (1) of 35685
 
TA on CRA: another moonshot, coming down a little more

the 18day MA held up some, only stemming the bloodflow
but money flow is slowing on downslide, which is good

stochastics appear at extreme low, about done
relative strength seems to have responded to neutral levels
likely to see another bounce very soon
since its RSI is now at neutral level again

retrace 3/8 ? dunno, more likely it will seek out next MA
and seek out past buying levels where support worked before

170 is where 30day MA rests now
160 is where past buying was seen

very loud downside reversal today, ouch
signals more moves down for sure, just a MA bounce

my guess is between 160-170, depending upon possible changes to their story
/ jim
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