Three Amigos Stock Thread Message Board

STOCKTALK

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.

Strategies & Market Trends : Three Amigos Stock Thread

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sergio H who wrote (19902)	5/13/2000 3:49:00 PM
From: Ken W	Read Replies (2) of 29382

Sergio: Some thoughts on MXTR chart: 207.61.23.98 Look at the large down slope triangle. Draw a line from the top of 14ish to present. The tops are getting lower and lower. A break under the flat line at 10 will tell the tail for a short sale back down to the 200dMA at 8. There still may be a trade or two in this one from 10 to 11, but I think it would be risky at best. The long term Stoch's have been in a downtrend for a while and have a ways to go before reaching an oversold condition. The short term move 3,5,9 are all overbought at this point indicating that the present price will not hold over 11. Ken

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next