NetCurrents NTCS 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 : NetCurrents NTCS

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: avanti77 who wrote (117)	10/2/2000 4:34:04 PM
From: Teresa Lo	Read Replies (2) of 8925

MDR: "...on looking at the chart, what do you think would be the most likely place for it to pull back to?" Let's take a look at the big picture, the weekly chart. The long term downtrend line is now at around $15 overhead. The high end of the trading range/base is at $13.50 or so. These two points will provide us with resistance overhead, but also serve as price magnets/targets. We note that both the 20-week EMA and the 50-week MA are below, acting as support. ispeculator.com A look at the daily chart using swings, we see that it's had a pretty big move here, since breaking from the saucer dish bottom in early September. Since the high around $12, it's already done a 50% retracement of the last upSwing. Now, it's on the bounce to test the high made on Sept 18. ispeculator.com Are you looking for a place to buy this or sell this? Teresa

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next