Harmonic Lightwaves (HLIT) Message Board

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Technology Stocks : Harmonic Lightwaves (HLIT)

HLIT 10.02

-1.6%

Nov 7 9:30 AM EST

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To: Rob S. who wrote (3934)	11/13/2000 9:59:42 PM
From: TraderMERL	Read Replies (1) of 4134

HLIT has failed to break its long term resistance line at 17 3/8. It has solid support at 9 3/8 and was $11 after hours. The 10 and 20 EMA show a bearish crossover. The MACD is approaching a bullish crossover and money flow has turned positive. The CMF is positive and the ADX is dropping suggesting end to downtrend. The RSI and ROC are both bearish but the recent selling on the stock has been on low volume. There is a bearish DMI crossover on its way. Near term outlook for stock is bearish All just my opinon DISCLAIMER: My comments should not be construed as recommendations to buy or sell stocks. Always do your own research before investing.

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