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Pastimes : ASK Vendit Off Topic Questions
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To: Vendit™ who wrote (16225)11/15/2000 3:06:55 AM
From: Walkingshadow  Read Replies (1) of 19374
 
Reid,

Here's an interesting chart:

askresearch.com

Note what happens when you switch the stochastic setting from 5-3-3 to 15-5-5.

Looks to me like CMVT will likely test overhead at about 117, then 120 very soon. Do you agree?

This is another uptrending stock which corrected back to support at its 50 day moving average, then bounced off on good volume suggesting a resumption of the uptrend and an impending test of resistance at the previous high. Note also on the 12 month chart that the retracement from the lows of April and May to its all time high in March is almost complete. I view this as a plus, particularly considering that this occurred in a difficult market for uptrending stocks.

Thanks,

Terry
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