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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter

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To: CigarHolder who wrote (9352)	2/5/1999 6:02:00 AM
From: R. Bond	Read Replies (1) of 40688

CigarHolder, Yes, some would say it's bullish. However, PNLK did not close above the 200 MA today. It did last week but dipped below it again on Monday. Definitely testing it though. A bullish crossover happened on the big day last Monday: crossing the 13 week MA. The chart shows that it was providing resistance several times. I have a horizontal line drawn on my chart indicating past resistance around 1.70 - 1.73. And my MACD gave a sell signal on Tuesday. Could be another buying opportunity approaching??? .......And more volatility, of course! Cheers, Bond

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