SNRS- Sunrise Technologies Message Board

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Biotech / Medical : SNRS- Sunrise Technologies

SNRS 0.000001000

0.0%

Jun 6 11:01 AM EST

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To: Double E who wrote (1141)	6/22/1998 7:10:00 PM
From: TATRADER	Read Replies (2) of 4140

Double E, the next 2 years are going to be like this for SNRS...Look at the chart on VISX....But my TA is not bleak...Ranier, please feel free to paint gloom and doom story, we need both sides of the TA picture...I do see the violation of the trendline..... Today the stock broke into the envelope channel and held at close...The envelope channel is from 7.64-8.50...The stock closed higher than its open...RS moved up to 48.55, ready to take out 50, which is a bullish indicator...Smoothed rate of change moved up for the first time in weeks to 90.99...It had been in a downward spiral.. The Historic Volatility on the 6 and 10 day is calling for a pop... If the overall market could just get its summer rally under way, the pop in my opinion will be up to challenge the 8.50 area...As you can see, I am bullish on SNRS....All bets are off if we dodge below 7.00 on strong volume....Mark

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