CSGI ...READY FOR TAKE-OFF! Message Board

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Technology Stocks : CSGI ...READY FOR TAKE-OFF!

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To: Andrew Vance who wrote (945)	8/8/1997 4:46:00 AM
From: tech	of 3391

Analysis of CSGI as of close 8/7 NOTE I have decided not to use any indicators that are dependent on volume, due to the fact that I believe that the volume traded in this stock on 8/6 and on 8/7 was very questionable. The 21 day stochastic has crossed the 20% line and is increasing. This is a strong bullish indication that a price reversal to the upside is now taking place. This type signal is often followed by further upward price movements. The 10day, 28day, and 49day exponentially smoothed average (ESA) are: 10day = 9 21/32 - Have not crossed as of 8/7 28day = 10 3/8 - "" 49day = 10 15/16 - "" As these lines are crossed the signal becomes even more bullish. The 21 day high is at 11 13/16. If resistance is broken there, the next level will be felt at 13 1/8, and the next at 13 3/4

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