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Technology Stocks : ASTX

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To: Derrick Welch who wrote (263)9/20/2000 8:05:00 PM
From: Stu Bishop   of 275
 
Hi all,

I'm no TA expert, but I do look at the elementary aspects, and there are several positive technical developments taking place.

1. The price is back above the 50 day moving average (DMA) as of yesterday.

2. Moving Average Convergence Divergence (MACD) is going positive.

3. Relative Strength Indicator (RSI) has just gone positive.

siliconinvestor.com

If we don't rise A LOT soon, I'm afraid we may come under heavy tax selling pressure starting next month. Many people, I'm sure, bought at much higher prices.

We'll see how it plays out.

Best of luck,

SPB
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