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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Magnatizer who wrote (1824)6/1/1998 11:50:00 PM
From: Magnatizer  Read Replies (1) of 13094
 
IFCI

A chance at a IHS formation in the 3 day RSI. I don't think it will happen though as nearly every short term indicator is pointing down. looks like it may even get to the magnets in the middle fives. There is support in the very low 6s and upper 5s from an IHS neckline and a long term downtrend. Magnets in the 5s are at 5.00, 5.25, 5.50. All have been adequately tested so if the stock does get there it will, most likely, not stay long. If anyone sees it dip and I don't post it to the thread please bring it to my attention because I may have missed it.

ht
david
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