SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : The Critical Investing Workshop
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mtnlady who wrote (8056)3/18/2000 1:39:00 AM
From: Jim Willie CB  Read Replies (5) of 35685
 
TA on Siebel (SEBL): better buying opp coming possibly
..(preface: can somebody tell me what CRM be?)
..(perhaps I know of it by another label?)

a solid double from Jan 1st (two bagger)
even a blurry Elliott Wave with 3 uplegs
a nice big 2nd upleg thruout February
the blowoff top 3rd upleg in early March

money flow has dropped off somewhat, but still healthy as hell
rather high volume this past week on the selloff
no huge spike of volume that would bear telltale climax

Relative Strength is now reacting to middle 50 level
not an extreme low by any means
it bounced upward off 50 level last time, in Jan2k

daily stochastics are horrible now, ugly as hell
such weakness usually indicates failing current attempts to get off its back

had a nice bounce this week off 30day Moving Average at 125-127
interestingly, no visible support existed there except 30MA
i.e. no previous buyers in that range to speak of

now hitting from below two resistance forces
hit 18day MA today at 140-142
hit resistance congestion area of 135-142 from lateFeb

these two forces tell me SEBL is going lower next
might search out 50day MA at 118-120
got some available minor support at 112-120 from last month

it has simply come down too hard to regain its composure quickly
I think a good chance this will see either 127 or 120 again
50-50 the lower 120 price will be offered

an opinion of a tech sharecropper
/ Jim Willie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News