Spectrum Signal Processing (SSPI) Message Board

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Technology Stocks : Spectrum Signal Processing (SSPI)

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To: Schmedley who wrote (353)	12/5/1997 7:41:00 PM
From: Galirayo	Read Replies (2) of 4400

[ Chart Chat ] Hi, Schmedely. You have me really curious. >>if the share price were to cross 7 1/4. (Like many others, a price of 7 3/8 on rising volume with a close on the high of the day would have me "averaging UP!) << From a Double Bottom following an 8to10 New Price Low to cross upward thru the 34, 50, 89, 100, 150, and 200DMA. The 89 the 100 and the 50 are all so close together providing some support while the others are just below that. Why the $7 1/4 to 7 3/8 target? Why not add on a bounce off on of these MAs?? The 89 or 100 bounce would do fine IMHO. The 50 would be OK to. Thanks, Ray

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