STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE Message Board

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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

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To: Sergio H who wrote (491)	12/17/1997 11:05:00 PM
From: freelyhovering	Read Replies (2) of 2377

Sergio--RMTR is giving a mixed picture. In May and June of this year it broke out from a reverse head and shoulders formation and doubled from 4.50 or so to above 9. Then it gave almost all of it back coming down to 5.00. It must get to about 7.50 to break the downtrend line. It could move up another point or so from here to the top of its channel which is around 7.25. The 5/13/40 day ema is bearish on the 1 day chart, on the cusp to go either way on the weekly chart. Two indicators gave buy signals today. TSV and the 13/5/7 stochastics. Three day RSI is very oversold at 20. It bears watching as it firms up or down. Myron

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