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Microcap & Penny Stocks : Syncronys Softcorp (SYCR)

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To: LaShark who wrote (25287)1/24/1998 2:23:00 PM
From: gammaray  Read Replies (1) of 30240
 
I have a question for you Chris. The RSI indicator touched the 20% line a few days ago. Do you know when the last time it happened and the significance? (see below for answer)
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The RSI indicator last bottomed on the 20 line 12-19-96 at a closing price of .67. The stock based for a month and started to climb on 1-20-97 and closed that day at 1.19. Another month later the stock hit 4 1/2.
RSI bottoms-
12-19-96-------------.67
1-20-97--------------1.19
2-24-97--------------4 1/2
By these calculations, sycr should start its move on or about 2-13-98.
Pat and Poncho-Don't be late.

Neil
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