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Technology Stocks : CYPRESS Semiconductor (CY)
CY 23.820.0%Apr 16 5:00 PM EST

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To: Harlan Huber who wrote (1798)2/25/1998 11:39:00 PM
From: Alan C. Zezula  Read Replies (1) of 2694
 
HH, FWIW Market Edge has CY as an early entry buy candidate if it closes above 9.70.

This is based on: MACD is in a bullish trend, chart pattern is in a weak uptrend, RSI is bearish, Up/Down volume pattern indicates CY is under accumulation, 50 day MA is rising which is bullish, but 200 day MA is falling which is bearish.

They give resistance as 9.66 with a buy stop of 9.70. Their disclaimer states they have an accuracy record of 70%. Personally I find this refreshingly honest.

Hope this info. gives you something to hang your hat on.

Good trading to all.

Al
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