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Technology Stocks : Simple Technology - STEC
STEC 1.590+65.6%Dec 23 3:59 PM EST

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To: Rudy who started this subject3/19/2002 8:33:52 PM
From: Rudy   of 36
 
Chart says:

Uptrendline support seems to be roughly at 7.5. I doubt we'll go lower than that. If we do 7 provides strong support. Slow stochastics came well below overbought levels. Still sloping down however looks like they are ready to turn up. We may be making a deep cup similar to the one in February. Descending triangle, descending triangle, cup, descending triangle, cup (forming)... 50DMA is about to reach 6. 6 Provides tremendous support. It is also a great sign that todays volume was lower than yesterday. So there really was not a selling interest out there.

I know you think so what? I do not wanna say BUY or HOLD. I added at 7.40 last time and I am holding. Without BUY, HOLD or SELL, I hope the remaining info was helpful in your decision making.

For the chart go to:

stockcharts.com[w,a]daolyyay[pb50!b200][vc60 ][iUb14!Lh14,3]&pref=G

Good luck all,

Rudy.

"Avoid greed, for greed itself is poverty."
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