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Technology Stocks : Newbridge Networks
NN 15.87+2.5%Dec 5 9:30 AM EST
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To: Bron-y-aur who wrote (9261)2/2/1999 4:22:00 PM
From: Doug   of 18016
 
Samg: My post #9072 and 9121 correctly indicated the resistance top for Jan.

a: Currently the 10 ema,20ema have been taken out. Next test is at the 50 day ema which means a test at the $32 level.
b: Minor support also exist at the $32 level.
c: OBV, Fast and slow STO, RSI and Money flow all negative.

Since earnings are in 3 weeks time likely to hold at/above $32 level.
I cannot advise buying till these indicators correct.

Good luck.
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