Any info about Iomega (IOM)? 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.

Non-Tech : Any info about Iomega (IOM)?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Wayners who wrote (34713)	11/7/1997 9:22:00 AM
From: Ray Dash	Read Replies (1) of 58324

Wayne, I'm not a short term trader but I took a look at the charts (IQnet) and I don't at all see what you're seeing. The 5-day Stoch is at about 55 having moved down from close to 100 when we went over 30. In fact, it looks like its ready for a move up. The RSI, which had been bouncing around 80 during the move over 30, then went down below 50 and yesterday moved back up over 50, again a positive sign. The fact that the price is in upper bollinger dosn't mean much as during IOM's ascents it can hug the upper bollinger for quite awhile. As for IOM's precise action today I haven't got a clue. S&P Futures don't look good-- there may be overall weakness-- but IOM's trend is still very strong. Good luck, Ray

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next