SI
SI
discoversearch

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 : TNCR, the MOST Undervalued Semi-Equipment Stock

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bruce R. Schlake who wrote (345)11/17/1996 11:50:00 AM
From: donald sew   of 362
 
Take a look at TNCR's 50 and 200 day Moving Averages, they appear that they will intesect soon (maybe early Dec).

For many Techies - the 50/200 MA is a benchmark of future upward movement.

Take a look at the 50/200 MA for COMS/ SII/ ALTR - they all have already intersected and we all know where these stocks are.

I also did the 50/200 Moving Average analysis on ATML, CUBE, CRUS, MU, OAKT, USRX, and others, and their 50/200 MA are about the intersect around the same time that TNCR's will.

Many believe that rotation of money to the next tier of stocks has started, so maybe this is a sound indicator that the stocks mentioned above will be part the group which moves up next.

My technical indicators show the following resistance lines for upward movement:
21.75 - 22.25(medium strength)
23(weak)
24(weak)
25.75-26.50(strongest)
29
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext