CHARTS AND TA, A UNIQUE APPROACH Message Board

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Strategies & Market Trends : CHARTS AND TA, A UNIQUE APPROACH

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To: Magnifique who wrote (1235)	11/16/1997 4:57:00 PM
From: stan s.	Read Replies (1) of 1391

PLAT, CTXS, PSFT, AMGN. Magnifique, I gave these a cursory glance and didn't notice anything unusual. The first three show very healthy charts at the moment...nicely above their MA's of note. AMGN appeared to be in a little trouble 'til the late week rally. It did hold at the "gap from" support of a couple of weeks ago. It has moved over it's 50 day MA. CPWR seems to have broken out of the doldrums and is very near an MACD buy signal....as you know it generated some momentum buy signals on Friday. Nice volume. It could have a little trouble at 34 7/8 then a tougher time at 36 1/2. Good luck, Stan

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