Anyone following UTI Energy Corp.? Message Board

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Gold/Mining/Energy : Anyone following UTI Energy Corp.?

UTI 23.13

+0.9%

Nov 26 3:59 PM EST

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To: tuna who wrote (388)	3/26/1998 6:34:00 PM
From: Harold S.	Read Replies (2) of 1305

As I said a couple days ago..the technicals in this stock are getting better and better every day!! Just look at the 50 day moving average which has just turned up and is now on a collision course with the 200 day moving average. It looks as if they may cross at or just under 20. It is also apparent that the first real resistance level from here should be 20 and then 26. If we can get the moving averages to cross, couple with a bullish accumulation/distribution that is already in place, and the bullish divergence signals firing every day....this baby is on its way to 26 in the not so distant future. Please..do your own research...but please look at the chart before you pull that sell trigger too soon!!

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