Engineered Support Systems (EASI): 10x in 4yrs Message Board

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Non-Tech : Engineered Support Systems (EASI): 10x in 4yrs

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To: jbe who wrote (24)	9/27/1997 10:33:00 PM
From: Uncompaghre	of 38

EASI is looking very good from a technical perspective. If you draw an uptrend line beginning at the dip around July 29th, you'll find it rests very nicely on the opening price Friday (use a logarithmic chart, please.). That price is also on the 21 day exponential moving average--a point that has proven to be strong support during this 4 1/2 month run. The (5,3) Stochastic is nicely oversold, also. The most exciting observation is the candlestick hammer that was put in place by the price action Friday. That usually signifies a bottom; I would have wished for a little more volume on that move, but the next couple of days should prove the worth of this (or not)! Tom

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