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Microcap & Penny Stocks : Microvision (MVIS)
MVIS 0.770+15.0%Feb 6 3:59 PM EST

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To: Jan Johnsen who wrote (904)3/10/1998 2:56:00 PM
From: kili  Read Replies (2) of 7721
 
Better and better...

I had a look at the site our friend Svejk indicated the other day. My Norwegian source has said (as quoted earlier) that the share price should move above $17 before giving a solid BUY signal, but the current values are interesting reading: MVIS has -quite solidly- broken through the 30 day moving average, giving a buying signal. In addition, and assuming my interpretation is right, the RSI shows a historical low, i.e. the share is well and truly oversold. Volume's not particularly high, although better than for some time now.

Is this the beginning of a new rally????

I'd appreciate some comments from the technical analysts among you!

Kim
-still rich in faith and better off in $$ today than yesterday...
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