Simple Technology - STEC Message Board

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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 subject	4/10/2002 7:30:00 PM
From: Rudy	Read Replies (1) of 36

Cheers to new 52 week high!!! Double digit land is in sight finally. Even 50 DMA hit 7.0! Contrary to many of you, I think today's volume wasn't that bad. We made a new 52wk high on above average volume. RSI isn't oversold yet. There is lot's of room up. Unless the chart is building a wedge pattern, upper edge of the trend channel provides room for growth. I am expecting to see 11 or 11.5+ before re-consolidating. That tail spin from 8 was perfect, wasn't it? I love this chart. 8.25 to 8.5 were perfect entry points. Hope some new comers took adventage of that. Only minor glitch I can see is that the trendline that connects On Balance Volume indicator's peaks. That line's slope flattened a little on daily chart. Looking at the weekly chart, I see nothing but a great example of an gorgeous uptrend! We must be close to test all time high (number?) soon. Cheers again and continued success to all, Rudy. PS: I have never bought at the very bottom or sold at the very top. :)

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