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Gold/Mining/Energy : ORIOLE SYSTEMS (OOL:VSE)
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To: cann11 who wrote (27)4/28/1998 10:55:00 PM
From: Steve Kirk  Read Replies (1) of 605
 
Hi Cannll, I have not heard any real news of the companies progress at this time but the price appears to be holding at this time. I'm still in and have bought some additional shares in this company. The long term signs are a little bearish and I'm hoping the company keeps the investors abreast of any new developments. It's easy for investors to get a little disheartened when no news, good or bad is forthcoming.

Cheers,

Steve

A TECHNICAL REVIEW OF ORIOLE SYS FOR 4/28/98

LAST DAYS TRADING VALUES

Open 0.3900
High 0.4000
Low 0.3800
Close 0.4000
Change 0.0

Immediate Situation

Price volatility is within normal ranges. Expect the prices to range from 0.39 to 0.41. Watch for immediate price support in the area of 0.39 and 0.40. Immediate price resistance is indicated in the area of 0.41.

Short Term Trend

The short term trend is bearish. Short term support at .30 and short term resistance at .31.

Intermediate Support and Resistance

Expect intermediate price support at 0.33 and 0.28. Intermediate resistance is predicted in the area of 0.42, 0.48, and 0.51. The intermediate trend is neutral.

Long Term Forecast:

The long term forecast is bearish. The positive strength rating is 0.00 percent and the negative strength rating is 60.00.
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