Wedges, triangles, and stuff: Chart patterns for breakouts Message Board

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Strategies & Market Trends : Wedges, triangles, and stuff: Chart patterns for breakouts

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To: Bert Kuo who wrote (143)	6/26/1997 4:39:00 PM
From: Woodchuck	of 257

Hi Bert, I am brand new to looking at chart patterns and I hope Rainier or others can offer some insight. I did check out the MTST thread, folks there are generally bullish on the stock. I also read MTST's 10-Q and almost fell asleep (might be that it's a nice warm day and I didn't get much sleep last night). Declining revenues in their main line. Seems that they may be relying on increased revs. from their recent acquisition. IMHO if there is any money to be made in the stock we will be able to watch the rise happen and join the train on its way up or the co. will be bought up. In either case, the co. will need to generate at least a couple of profitable quarters. C. Mihaylo, the new COO / CFO needs to show what he can do.

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