IMRS racking up y2k contracts. Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : IMRS racking up y2k contracts.

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: giddy guru who wrote (2469)	5/1/1998 7:53:00 AM
From: giddy guru	Read Replies (1) of 3162

//gg// 4/30/98 IMRS formed an inverted hammer at 27 1/8 reversing the hammer it formed on 4/22/98 at 40. Usually this represents the end of a downtrend, however bullish verification should be waited on. If this technical holds then we should see an up close today and continue for 4-6 points in the immediate future. IMRS is close to 200day ema and that should provide a bounce also. Stochastics shows extremely oversold condition. Let us see how these technicals validate. Please note that IMRS broke many technicals in the past in both up and in down momentum. KEA is also making similar pattern but IMRS looks a little better. The above mentioned is just my opinion and please do your DD before invest/trade/short this or all other stocks. /gg/

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next