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Biotech / Medical : MTEN - expected 1000% revenue increase in 97
MTEN 2.720+6.7%Nov 5 3:56 PM EST

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To: Syd Deem who wrote (70)2/6/1997 8:00:00 AM
From: Syd Deem   of 279
 
Some TA in support of Cavior's analysis of MTEN's future (Voodo and witch craft!)

Mov Avg - Weighted Indicator: The market trend has changed direction. Now the trend is UP!
Most overbought / oversold indicators (i.e. Stochastics, %R, etc.) are oversold short term.
MACD is in bearish territory. However, the recent upturn in the MacdMA points toward a short term rally within the next few bars.
Volume is trending higher, allowing for a pick up in volatility.
Commodity Channel Index Indicator: CCI (-57.33) has crossed back into the neutral region, issuing a signal to liquidate short positions.
The stochastic is bullish because the SlowK line is above SlowD line. The long term trend has been DOWN but the short term trend looks a little bottomy. A short term up move should occur here.

Now if only some new rweaders would see what is going on here we could get this stock in gear!
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