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Technology Stocks : YURI ( YURI SYSTEM )

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To: michael redmond who wrote (469)2/7/1998 7:51:00 PM
From: Ms. X  Read Replies (1) of 1181
 
To all Yuri folks,
I'be been reading the FA wars here on the thread. I actually enjoy them as I don't get involved with fundamentals on a stock, just technicals.
Thought I would give you some good news on Yuri.
It recently did a very positive move. It broke through its bearish resistance line at 25. This shows demand has won the battle over supply. This move also broke a double top and was the second consecutive buy signal off the bottom. Yuri has been making a nice series of higher bottoms and has flipped the daily momentum back to positive. The weekly momentum is positive while the monthly is still negative. Relative strength is improving. Stock is showing momentum to carry it to price target of 35.

Best of luck,

Jan
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