Stock Watcher's Thread / Pix of the Week (POW) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW)

VEEV 240.86

+0.3%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: P.E. Allen who wrote (1212)	1/28/1999 7:09:00 PM
From: SirAlexx	Read Replies (1) of 52051

Technically speaking on DCHT, What we have seen so far this week is explained in technical terms as an "inside week", which means that DCHT has stayed within last weeks low and high prices. Periods of consolidation are generally marked by inside days and inside weeks which is another way of saying that the stock is working off its overbought condition prior to moving higher. Today's lackluster volume indicates that the stock is looking for direction. Based on this companies momentum, I would say that we are about to see and hear great things from this company, and some big moves from its stock. Happy trading, and make sure you have an ample supply of dramamine. WARNING: I am getting tired of saying this but; these opinions are my own, and no one, I repeat no one should take these as gospel. Being right in technical analysis is almost as accurate at winning a three card monte game, and if you use this analysis as the sole basis for an investment decision than you truly need to find another hobby.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next