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Microcap & Penny Stocks : Star Technology STRR
STRR 10.96+2.8%Jan 15 2:59 PM EST

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To: dwight vickers who wrote (267)12/9/1997 4:41:00 AM
From: Arthur Tang  Read Replies (2) of 872
 
Technical analysis of moving day average is meaningless unless the number of days coincides with the upward trend or the downward trend number of days.

Yesterday, the 1 minute interval intraday chart clearly shows mostly investors' buying; and market makers pulled back without any volume at the end of the day, due to ebb and flow process.

This may be a classical pattern for another momentum play. Price is low enough to accumilate, the next day.
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