SI
SI
discoversearch

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.
Gold/Mining/Energy : Strictly: Drilling and oil-field services
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Thean who wrote (4288)12/2/1997 11:24:00 PM
From: chuck weir  Read Replies (1) of 95453
 
Thean, a composite graph of 29 Drillers is resting at a minor support level also; the RSI went below 30 yesterday and is above 30 at todays close; the stochastics is still below 20; the on-balance volume for the group is above the the prior price support level (suggesting that the sell off was not 'severe'); the price closed above the lower Bollinger band and suggests a test of the 20-day moving average (a 11 - 13% up move). Given no significant eps downgrades (Zacks reporting a few minor downward adjustments) it looks to me like this is a time to start accumulating again.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News