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Biotech / Medical : SNRS- Sunrise Technologies
SNRS 0.0000010000.0%Jun 6 11:01 AM EST

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To: Sylvester who wrote (809)4/27/1998 11:50:00 AM
From: HeyRainier  Read Replies (2) of 4140
 
If the current price holds up, then we will have the short term momentum trough show on the charts tonight. The price is stabilizing and is showing support at current levels to make the downside risk be considerably less than what it was the previous two trading days.

One more flat day, and the charts are going to look good for an entry. Stochastics are approaching levels where the stock has previously turned, and the RSI is also approaching support levels.

I think the worst is behind us. I'll be looking to buy when the price begins moving up. We've already stabilized from our lows.

Regards,

Rainier
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