Charts on Near Term Uotrends Message Board

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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (340)	4/4/2002 12:28:17 AM
From: Jibacoa	Read Replies (2) of 1404

LPTH: Had a good move today after its latest news.<g> It showed no intention today of closing the early up-gap in spite of the general market, which doesn't look too good.<g> siliconinvestor.com Today it closed at the H for the day, but it has to deal now with resistance at the 2.12 level and then at 2.25. siliconinvestor.com At any rate, the support at 1.35 looks good, and the R/R ratio doesn't look bad at present levels. (On the longer term chart it doesn't show too major resistance until the 17 level.<g>) siliconinvestor.com The insiders hold around 30% and institutions reportedly have been buying lately. It has been selling at 0.6 of book, but it had been reporting some good losses lately.<g> The company expects a 10% improvement on sales, but it will not report the 3rdQ results until April 25.<g> biz.yahoo.com Although I bought some last week, I am not recommending the stock.<g> PLEASE DO YOUR OWN D.D. Bernard

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