Sapiens International Corporation (SPNSF): Turn around...? Message Board

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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...?

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To: TheInvestor who wrote (878)	1/20/1998 10:44:00 PM
From: uu	Read Replies (1) of 1936

TI: As for the TA chart. I agree. SPNSF seems to be in an oversold condition. However by looking at the short term moving average crossing over the long term moving average and both heaading down one can conculde the stock is in a bearish mode. However the RI, momentum and scholastic show otherwise. So its a bit confusing/neutral, and one can either look at it as a glass half full or simply a glass half empty! And at best indicating the stock is not going anywhere in either direction. One thing is for certain, when the earnings come out in 2 weeks volume will be very very heavy (and I hope the direction will be upward in which case nothing would be able to stop the upward movement from that point). And if the move is going to be downward, oh well... There goes another 4 years of averaging down, waiting and holding on to a bunch of SPNSF shares! Regards, Addi Jamshidi

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