Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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

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To: Chartgod who wrote (1995)	6/14/1998 4:37:00 PM
From: Magnatizer	Read Replies (2) of 13094

Jim NTN: pop did not get to the first magnet (2.00). It had the technicals to go up there just not the right market environment. Right now NTN needs to hold 1.125 which is the bottom of a descending triangle. Long term stuff is losing some of its strength. Short term is having a few breakdowns. If MACD can reverse up the outlook will be OK, if not I would consider it a hold/sell depending on if I had it as a trade or a long. As a long I would hold as a trader I would sell on a break down below 1.125 intraday. DDL: may make a run at the long term downtrend (currently in the 1.10 to 1.15 range). does not have the technical strength to get through that area. If I were trading it I would sell at 1.00 if it gets there in the near term. If it does not get to $1 I would reevaluate after 2-3 weeks to see where to long term downtrend is at. Not a good long yet ht david

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