Avant (AVNT) Message Board

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Technology Stocks : Avant (AVNT)

AVNT 30.59

+0.7%

Nov 28 9:30 AM EST

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To: Mama Bear who wrote (786)	10/1/1997 9:37:00 PM
From: Mama Bear	of 3441

Interesting. The price is right between the 100 and 200 day exponential moving average. These just crossed over to the upside on the 16th of September. This should have been bullish. 10 day EMA crossed under the 50 day EMA on Monday. All fast (10,20,50) EMA's now have a downward slope This is bearish. 20 day EMA will cross under the 50 soon unless the price spikes up this week. This is very bearish. Fast MACD line is right on 0 and pointed downward. Chart is very bearish IMO. Whoever would be on the buyside is obviously not a fan of TA. FWIW Barb

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