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Non-Tech : Secret Squirrels hit!

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To: Wayne Rumball who wrote (1734)10/27/1998 11:52:00 AM
From: Larry Voyles  Read Replies (1) of 12872
 
PRG - TA Sez:

This stock is about to cross its EMA, but is way, way below its 50-day MA. Price oscillator is in a valley (that's good), Money Flow was on its way back up over 50, but has temporarily jinked downwards (that's neutral). Momentum is slowly making its way back to zero, possibly going positive (that's good). Linear Regression points solidly downwards, but again this is a trailing indicator (neutral).

This stock has been under accumulation since the middle of September (good). Stochastic just crossed on the 20th (or so) and looks to be getting ready to cross again (who knows).

This stock has a tendency to move downwards after high volume days, and then float slowly upward on low volume. It just had a high-volume day, so your timing may be good.

It appears that this stock may do a slow move upwards in the coming weeks. I'd set an overly-optimistic target of 1 1/4 - 1 1/2.
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