TSIS: WHAT IS GOING ON? Message Board

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Microcap & Penny Stocks : TSIS: WHAT IS GOING ON?

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To: John S. Baker who wrote (2687)	6/16/1998 1:12:00 PM
From: John S. Baker	Read Replies (1) of 6931

Someone recently mentioned "accumulation" of TSIS's stock. It appears that this is the case, at least as measured by one TA indicator: MFI, MFI for TSIS has been generally increasing since mid-April. Some of that can be accounted for by the stock's price increase during that period. But since about May 20th ... when the stock price was essentially the same as it is today ... MFI has increased pretty nicely. Implication ... the stock is being accumulated at these prices, which bodes pretty well for future strength. <For lurkers, my favorite site for MFI is bigcharts.com I set in the stock symbol and then in "Volume by price" for the upper indicator and "MFI" for the lower indicator. The site computes and displays *volume based support and resistance levels" and shows the net MFI, by time, since the beginning of the chart (one year is the default). Try it, you'll like it.

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