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Technology Stocks : Cascade Microtech Recent IPO as of 12/14/2004
CSCD 21.860.0%Jul 5 5:00 PM EST

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To: The Ox who wrote (33)10/19/2005 9:24:01 PM
From: robert b furman  Read Replies (2) of 71
 
Price looking very attractive.

I think this sector and this stock are about to have a very nice pop.

I'm going to nibble on this one if we continue to have such a nice positive divergence between price and Macd.

Note how price is holding higher and SLO STO is lower than it ever has been.That is a nice divergence.

stockcharts.com[w,a]daoanyay[dc][pb33!b50!f][vc60][iLh14,3!La8,21,5]&pref=G

Price also is holding at a higher range and Macd is not quite at its lowest (the double dip of September was mean,but other than that doubel dip of August and then again Sept we are relatively low on Macd.

The combination of both being low and price holding can add up to a nice reversal and a great initial entry point.

I think these guys are growing and treating money like it is theirs - that's always a good sign.

Bob
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