SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jmac who wrote (3432)9/27/1997 2:32:00 PM
From: Chris   of 42787
 
jmac

looked over some charts:

here is my take:

INTC -- looking for bounce from the 50 day MA (which is around 91-92). I do see potential breakout from 98 resistance by early this week (as early as monday).

MSFT -- still too early before breakout to >135 area

DJIA -- sitting on 50 day MA right now. Expect retest/break on the 8030-8050 resistance this week. Chances are high that we might see a breakout early this week.

DELL -- looking good. hold as long as inside uptrend channel.

APM -- sitting on 50 day MA. might see a bounce play tomorrow. 38 as near term resistance.

IBM -- probable breakout this week. sitting above 21 and 50 day MA. resistance point at 104 (downward trendline)

COMS -- probable bounce play off 50 day MA. resistance at 52.00. if not boucne play, then 45 as support.

==================
I have a strong gut feeling that the djia is going to rally this week. Hopefully, this will carry the whole mkt higher and help the above stocks break their overhead resistance...

again.. all my opinoins. you can use me as a contrarian opinion <gg>

Talk to you later.

Chris
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext