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Technology Stocks : Ampex Corp: Digital Storage
AMPX 13.03+7.8%Nov 5 3:59 PM EST

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To: Duane L. Olson who wrote (2985)6/7/1997 10:36:00 PM
From: Scott H. Davis   of 3256
 
Duane, RE chart pattern question. AXC has clearly broken out of the downward trading channel. The 10 day MA is > the 50 and very near the 100 day, going up sharply. My TA site shows that the last 4 signals are all buys PVI on 4/25, Bull/Bear hook on 5/23, 50 day shaddow moving average 6/5, and pivot point on 6/6. These are not the most accurate indicators at www.ozsoft.com, but all this taken together this is getting encouraging. FYI Scott

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