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: Pugs who wrote (19305)	11/18/1997 9:23:00 AM
From: TLWatson59	Read Replies (3) of 55532

PUGS AND ALL: Pre-open RMIL TA 11/18/97 - With yesterday's low at 2 1/16 the stock now rests smack on the long term uptrend line. A penetration on the downside, if it occurs and can be held to above 1.75, would not be disasterous from a technical standpoint but it also would not be very desireable. The stock appears to have lost the strong momentum that it developed almost two weeks ago and just seems to be marking time and awaiting a wave of new buying interest. Failing that, should selling volume pick at these levels that support zone between 1 .75 and 2.0 may not prove strong enought to hold. Added note: For those interested tomorrow's TA will be posted this evening as I will be under going small medical procedure tomorrow morning. Good luck to all. TLW

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