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.
Technology Stocks : Microlog(MLOG): Ready to Move?!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Instock who wrote (213)10/12/1997 10:05:00 AM
From: ChrisJP   of 595
 
Hi Instock: Subject Innovest. I'm not a TA guy, but it's kind of obvious that this stock's been overbought short term. Zeev did some analysis a little bit back and also determined that low 6 was a good support price. He also went on to say that we probably wouldn't see low 6 for a while if ever.

After things have settled out, I still think MLOG heading to 9 - 10 in the next 5 weeks. Maybe (decide yourselves) 7 1/2 - 7 3/4 will present itself as a buying opportunity. We need to beg and grovel to Doug to update his MLOG TA for the coming week, because I'm with you, Instock, Doug's TA beats a computer generated analysis hands down.

I was caught completely by surprize by this week's activity, since this stock hasn't made this kind of move in over 11 months. My plan was to sell some of my EXSO and buy more MLOG when it was 7 1/4, where I thought it would trade for another week or 2. Oh well, can't complain about profits (even paper ones).

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News