Trinity Biotech (TRIBY) Message Board

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Biotech / Medical : Trinity Biotech (TRIBY)

TRIB 1.090

-8.4%

2:26 PM EST

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To: milton who wrote (7365)	11/13/1997 12:29:00 AM
From: Scott H. Davis	Read Replies (1) of 14328

TA followup. Ron & Milton, you had an exchange several weeks ago concerning a flag pole & pennant chart pattern, it's potentialy bullish implications, and it's reliability. Triby obviously has not gone up as TA indicated it probably would. This lack of correlation may have been due to a combination of the warrent situation and the Hong Kong flue (obviously TRIBY has done better than most issues in terms of relative loss). But the pattern is still a fairly good indicator. EQNX has shown this pattern three times recently, and is obviously doing very well. quote.yahoo.com TA is no lock, but it can work well in combination with fundimental analysis (balance sheet and business). FYI Scott (patiently long on TRIBY)

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