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Technology Stocks : Source Media SRCM

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To: GR who wrote (1472)11/4/1998 12:55:00 AM
From: GR  Read Replies (1) of 3015
 
I'm surprised nobody has noted the hugh up move in the last hour of trading.We took out all recent levels of resistance,and are knocking on the door of 15!.The next resistance level is 17-18.00.This implies that all things being equal we should test those levels in the next few days.Positives technically include a big positive uptrend candle today-almost bullish engulfing;the amzing thing is we are STILL not realyy overbought at 82,77.and DMI is STILL TRENDING STRONGLY POSITIVE.This implies as I stated in a prior post that a test of 20 is coming imho
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