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Strategies & Market Trends : Charts for Quick CASH $$$

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To: Chartgod who wrote (8044)6/8/1998 6:55:00 PM
From: Galirayo  Read Replies (1) of 9262
 
[ AWT ] Jim, I didn't look at additional dilution.

I see the Float is pretty big now.

What I've been looking at is the 200dma resistance near 1.84. It looks like it encountered it on 3/12/98 and has been riding the Downward Moving 200dma since then.

It's just recently found support on the 150dma. There is a Price pinch in progress. [ Attention ... Mr. Whipple .. the DMAs are pinching AWT in isle 3 ]

Either it will finally move above the 200 or break the Upward moving 150dma [ near 1.67 ] as it gets pinched between the 2.

With the recent 2 News Wires .... I'd guess it'll break the 200 finally and start an upward move after it does.

Watching though to see what happens.

Ray

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