Syncronys Softcorp (SYCR) Message Board

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Microcap & Penny Stocks : Syncronys Softcorp (SYCR)

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To: James who wrote (25176)	1/22/1998 11:33:00 PM
From: Patrick Smith	Read Replies (1) of 30240

James.... MACD 12,16,9 is converging slowly along virtual parallels...... accumulation/distibution,RSI -40 and OBV are recumbent...linear regression is degenerating through it's current descent...momentum -51/128...Willims % has become complacent at -60, 10 ....money flow is regressing....price osillator -7,14,21 continues to depreciate....stochastics while converging today remains inept at -38,14....bollinger bands that appeared to be closing will remain relatively equidistant.... Most TA's don't want to touch this chart...and for good reason....all of these indicators have a unique denominator....VOLUME... it's a nonenity at this time making calls extemely difficult. I for one would like to see volume...it needs to break it's present down trend....basically...it needs a reversal. I don't see it happening yet. P.S. If anyone needs further clarification....Marc has volunteered to explain the technical jargon.

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