Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS) Message Board

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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)

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To: TLWatson59 who wrote (14363)	11/6/1997 9:41:00 AM
From: TLWatson59	Read Replies (3) of 55532

OPENING MORNING TA: RMIL - May continue price correction to 2 /58 - 2 3/4 retracing 50% of recent rally to 3.75. Drying up of volume on downside would be positive sign. I kept staring at the chart pattern last night in amazement. First time in along time that I've seen one with goal posts so pronounced as these. With the signifcant breaking of the downtrend four days ago the uptrend continues unless some shocking news unnerves the traders or a new up trendline is established and then violated. Conversely barring any surprising positive news the stock should back and fill between 2 5/8 and 3 1/2 and then make a new move to a higher upside trading level. Good luck to all. TLW

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