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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas...

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To: BILL HOJNACKI who wrote (205)2/21/1998 7:37:00 AM
From: Lawrence Burg  Read Replies (1) of 747
 
Took him 2-3 days to get back to me also, by phone, but he did yesterday. Forgot to ask if it'd be alright to relay his info through SI. If he gets back to me with an affirm, I will.

TA...what the heck...I can't discern anything significant anyway...

MACD 9 day trigger crossed over on Monday @ $0.22, 4 days after the recent low of $0.17; currently still above the 25/12, but barely. Could go either way. Crossing back under indicating an exit.

14 day RSI continues to bounce between 35 & 55; ambivalent.

8 day CCI has returned to 0 from above 100 when price topped @ $0.28; also ambivalent

Price is still above 8, 21, & 50 day MAs thanks to yesterdays recovery.

Doesn't show me much, but that's just a few indicators that I'm only passingly familiar with, as yet. What they tell me is some lateral movement for a while. I'll try to apply some other indicators & play with the ones I'm learning to see if anything shows up.

Lawrence
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