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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 (1343)1/6/1998 10:55:00 PM
From: Sal D  Read Replies (1) of 2377
 
Sergio,
DGTC - DGTC is fighting it, Bollingers are wide price in upper band,, daily MACD is turning positive, price is above 200, 90, 30 exponential moving averages. Those 2 good days it had 12/30 and 12/31 (no good volume) got alot of indicators out of there downtrends, but most have turned down since, weekly candelsticks has a bearish harami, during an uptrend implies an end to the rally. IMO DGTC will probably come down a bit in the short term, would not like to see it go lower than 8 1/2, after that there is a possibility it can turn around for a intermediat or long play but I dont expect to much out of it for the short term. I would not enter right now , watch price and volume over the next couple of weeks and maybe take another look.
Joe
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