HIT: Hitachi LTD ADR 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.

Technology Stocks : HIT: Hitachi LTD ADR

0.0%

Dec 23 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: The Band Leader who wrote (11)	10/30/2000 9:57:49 AM
From: Yogizuna	of 13

Hi Band Leader, HIT is currently trading within a narrowing sideways triangle, which indicates that a significant breakout in either direction should be arriving fairly soon..... Since the monthly chart is still within the confines of a downtrend and not fully oversold yet, the odds favor a breakdown at this point, but the odds have certainly been fooled before, so of course there are no guarantees to what eventually may happen..... To confuse matters even more, the weekly chart is already oversold suggesting a rally may be in order, so it's a very mixed bag right now..... Confused Yogi (I see the shares are now down 4+, so a breakout to the downside seems to be in progress already)

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next