PRCY - ANY BODY HAS ANY NEWS ON THESE Message Board

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Biotech / Medical : PRCY - ANY BODY HAS ANY NEWS ON THESE

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To: Jeff Konrad who wrote (453)	2/11/1999 7:06:00 PM
From: tom jones	Read Replies (1) of 670

To all: Here is a technical evaluation of PRCY by Market Edge which I get through my broker. ---------------------------------------------------------------------- COMMENT Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND Chart pattern indicates a STRONG UPWARD TREND Relative Strength is BULLISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is rising which is BULLISH The 200 day MOVING AVERAGE is falling which is BEARISH WATCH FOR RESISTANCE AT 0.82 RECOMMENDATION STOCK IS A BUY ---------------------------------------------------------------------- The 200 day moving average is just about ready to move upward. There has been a wedge or triangle forming on PRCY's chart since mid January. As the theory goes a wedge forms prior to a breakout but it doesn't indicate if it will be up or down. On the downside we have a yearly low of .34. On the upside we have insiders buying the stock and products and deals that should be bringing in more revenue. Maybe earnings will be out next week and we will see what's up (or down). Tom

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