BANY: Core business growth, exciting affiliations! Message Board

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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations!

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To: Mike Sawyer who wrote (2537)	7/24/1998 7:46:00 AM
From: dealmakr	Read Replies (1) of 5847

Mike, I like to have some fun with the TA. If you go back a year or so you can draw a line from the Orgas spike to .48-.50. .40 has been resistance for this latest move from .28. Retraced and is trading around midpoint between. TATRADER said that there is a lot of stock that should have to change hands around these levels to propel the stock to a higher level. A close of 2 or more days with the bid of .40 or better would show me that .40 would become support. I agree the next resistance at .48-.50 after that. Volume has been good though as Brad was right, a while back 20k or so was a big day. .34 as the midpoint between .28-.40 is showing some strength here. IMHO a long term double bottom of .18 showed the bottom. I am not too hep on things like stochastics and MACD and such, but they can be referenced at that charting site also. Looks like CC on July 29. Should be a good one. Dave

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