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Microcap & Penny Stocks : Telesciences TLSI formerly know as Axiom Inc. AXIM
TLSI 6.870-2.7%Dec 26 9:30 AM EST

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To: rogermci® who wrote (133)11/9/1998 4:54:00 PM
From: Tom Allinder  Read Replies (1) of 156
 
I am a technical analysis nut and I found this one by looking at COMTEX's stocks up last 3, 4, 5 days. Something seems to be going on.....

The stock broke above it's 13WK moving average early last week. 30 to 45 day moving averages have proved to be significant resistance over the last several months, and they were broken as well.

By any means, this is a significant technical breakout. The other factor that I am looking at is Accumulation. It looks good.

There must be some reason people are buying and holding. By the time you wait for the chart to shape up and the fundamentals to come in, it will be well above where it is now. IMHO.

Thoughts?

Tom
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