Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (2263)	7/9/1997 12:38:00 AM
From: Robert Graham	of 42787

Looks like EMC may retreat back to its breakout point before continuing further. If it does this and volume confirms, I will move into this stock. Unless this stock's technicals improve, this may be a short run up. The price close substantially pierced the upper Bollinger Band. The price is also near a possible upper trendline. RSI is in overbought terratory near its 70 mark and is also hitting its upper trendline. It is interesting that there has not been any significant accumulation before this breakout as indicated by my Accum/Dist indicator. It has remained relatively flat since about March and through the recent uptrend. Bob Graham

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