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Technology Stocks : Cymer (CYMI)

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To: stan s. who wrote (15150)	3/7/1998 2:23:00 PM
From: stan s.	Read Replies (1) of 25960

CYMI, TA. I posted a chart on this last week, #15150 and mentioned the support and resistance...19 1/4 and 22 3/4. Both were subsequently tested and and both held at close on various days. Here's a new chart, same S&R...some new signals. Friday's close generated buys from Stochastics, CCI and Williams%R as they pulled out of oversold and crossed their trigger lines. These are shorter term momentum indicators. geocities.com The Bollingers are narrowing (low volatility) which is a pretty good sign. The narrower they are often indicates the stronger move...hopefully it will be to the upside. As you can see pop in late January was from a slightly tighter Bollinger squeeze. It had been in effect about 3 weeks.

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