Cymer (CYMI) Message Board

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Technology Stocks : Cymer (CYMI)

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To: Rob C. who wrote (15149)	2/27/1998 10:32:00 AM
From: stan s.	Read Replies (4) of 25960

CYMI chart. Note the recent re-buy MACD signal (solid black over dotted black, middle box).. Strong upward Chaikin accumulation distribution indicator (white line, middle box). All this is combined with the continuation of the volume adjusted moving average (VAMA) cross of the 10 over the 21 (top box, yellow over blue). geocities.com The main chart (black background) shows the resistance lines in light grey. By the way, the simple 200 day MA is around 26 1/2. Previous references must be to weighted or exponential MA's. Support is the blue line at 19 1/4. The first important test is a break over of the 22 3/4-22 7/8 line and of course a hold. This move was predicted to some degree by the Bollinger squeeze and the subsequent break which began on or about January 29th. Notice the VAMA cross coinciding with the move.

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