Cymer (CYMI) 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 : Cymer (CYMI)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Curlton Latts who wrote (8978)	11/11/1997 8:29:00 AM
From: Steven Angelil	Read Replies (2) of 25960

Anyone that follows Bollinger Bands, have a look at this chart:http://207.95.154.130/chart/default.exe?PERIOD=60&time=day&chart=bar&chart1=bb&volume=y&rsi=y&stochastics=y&momentum=y&symbol=cymi Notice how we have not closed below the lower BB. This suggests that we are in the lower part of the trading range, but that we are still IN the range, not below it. If you do not follow the BB's, the lower green line is said to be support. If the stock closes BELOW this line, it should continue down. The next resistence is the red line. Two ways to look at this: 1.Bullish-we still have not broken support. I know this sounds funny, but look at the chart. 2.Bearish-we could have much further to fall if we close below the lower band. Who knows what will happen. Steve

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next