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Gold/Mining/Energy : ORIOLE SYSTEMS (OOL:VSE)

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To: burner who wrote ()5/17/1998 12:43:00 PM
From: Steve Kirk  Read Replies (1) of 605
 
A TECHNICAL REVIEW OF ORIOLE SYS FOR 5/15/98

LAST DAYS TRADING VALUES

Open 0.5300
High 0.5400
Low 0.4800
Close 0.5100
Change -0.0400 (-7.27%)

Immediate Situation

Price volatility is above average. Expect the prices to range from 0.48 to 0.54. Watch for immediate price support in the area of 0.45 to 0.47. Immediate price resistance is indicated in the area of 0.68.

Short Term Trend

The short term trend is bullish. Short term support indicated at 0.39.

Intermediate Support and Resistance

Expect intermediate price support at 0.37 and 0.33. Intermediate resistance is predicted in the area of 0.68. The intermediate trend is neutral.

Long Term Forecast:

The long term forecast is bullish. The positive strength rating is 100.00 percent and the negative strength rating is 0.00.

Further:

Things couldn't look better for the mid to long term investor when you strip away the frantic daytrading by the house traders. This stock has great potential! Yesterday I was told by a gent who is the president of a Canadian software company, that the price per line of reviewing code has climbed from $1.98 last year to close to $6.00 at this time and the cost is expected to increase significantly.

cheers,

Steve
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