CYCOMM (CYII)-on aquisition trail Message Board

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Microcap & Penny Stocks : CYCOMM (CYII)-on aquisition trail

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To: Brian Gross who wrote (1182)	4/1/1998 9:20:00 AM
From: Matthew Leo	of 1800

<<Can you list support areas for me?>> We are at very strong support now and an important turning point - Cyi's price must hold and good things happen. Why? Resistance on the way up beomes support on the way down. Resistance is the price that must be passed to resume an upward trend. Support, is the price that must be broken for a stock to reverse its downward trend. These moments represent trend reversals. The 144dma represents the average price shareholders paid for a stock over the last 144days - 55dma avg price paid for last 55 days - 34dma - 21 - 13 - 8 - 5 - 3 - 2 - 1. The longer the moving average the stronger. Long term trends are more powerful then short. Short term trends are faster (give early signals). The most powerful reversals occur at convergence of all moving averages. That happens when a stock has moved sideways for some time. Classic patterns are revealed then too - head and shoulders, W, diamond, pennant formations, etc. Hope this brief explanation helps, matt

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