Metro One Telecommunications--MTON Message Board

STOCKTALK

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 : Metro One Telecommunications--MTON

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kenneth R. Moss who wrote (174)	10/19/1997 11:46:00 AM
From: Doug R	of 608

Ken, MTON has a pretty solid turnaround in the short-term technicals. The long-term stuff has been unaffected by this pullback. The short-term downtrend in the price chart is still intact but I expect a breakout from that in a day or two. Friday's low was a bit shakey but I was able to find one piece of support that is valid; the current Tom DeMark supply line held up right on the money. I now expect we will see a series of higher lows begin on Mon. even if the downtrend doesn't give way immediately. Friday's low is higher than the last post runup low and the last high was a higher high so the party is still on. MTON's attitude remains intact. Doug R

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next