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Strategies & Market Trends : The picks

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To: p. webster who wrote (1536)1/11/1997 12:30:00 PM
From: Walt Gillespie   of 6124
 
Here is my TA on INNO:

I could only get 1 year on this stock.

LSQ Line is going down @ 4.5% - Company is in decline.

Volume is up over 1.1 million shares Friday.

STOCH (14) up thru the 80 line (buy signal was on 1/2/97.

All Moving Averages (4/9/18) up. Short term above Med & Long. Med above Long.

MACD up (5/35/4)

Stock is riding the upper Bollinger Band heading up.

Resistance at .45 and a Top of 1.00 (this is because of the delcining LSQ Line.

Walt

P.S. As always this is just my judgement... Everyone makes there own Buy/Sell decisions.
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