Radica Games (RADA) Message Board

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Non-Tech : Radica Games (RADA)

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To: BI*RI who wrote (2689)	2/18/1998 11:16:00 AM
From: B-MAN	Read Replies (2) of 7111

Marc - some of what they say has merit. See: iqc.com As you will note, price broke 180 MDA [SIGNAL CONFIRMING BREAKOUT]. However... 1) RSI indicator - turned; confirmation of movement from oversold to overbought condition 2) MOMENTUM - increasingly positive; though bullish, also indicating heading towards overbought condition. 3) STOICHS - indicates these still room for price appreciation. My guess is RADAF will peak @ around 18 before downward reversal. We should close up today, but will see daily gains decreasing until this "climax" point. NOTE: The wildcard here is earnings. If they're better than anticipated/expected, WATCH OUT! Make sure you have a confirmed flight ticket... Hope this helps. B

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