SI
SI
discoversearch

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 : Zeev's Turnips - No Politics
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jjeannie who wrote (2978)11/5/2001 5:32:45 AM
From: Steve Lee  Read Replies (2) of 99280
 
Stocks tend to get held up, during a decline or advance, at points of congestion. These price points can be seen on a chart as places where a short term trend changes. If a stock has bounced at a certain price a couple of times, it is likely to bounce again, or at least spend some time getting thru that point. When/if it does make it thru, it has a much easier time (no congestion) moving fast to the next point of congestion.

I haven't looked closely at EMLX, but perhaps you will find such bounces on the chart at the price levels discussed.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News