DEGA positioned to be a major player in internet auto part Message Board

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Microcap & Penny Stocks : DEGA positioned to be a major player in internet auto part

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To: Qone0 who wrote (13)	3/27/1999 2:30:00 AM
From: Charles Kalb	Read Replies (1) of 85

I bought into DEGA today after looking at TA. Here's another chart which shows the Bollinger bands: timely.com Stochastics look ripe to fire a buy signal. I also plotted a standard error channel going back to early October. DEGA has been in an uptrending channel (two standard deviations) this entire 6-month period and closing price today, 3.25, has flattened out just above the support provided by lower Bollinger band and the lower error band, which are essentially coincident. From here, the upper Bollinger band presents a potential short-term price target of 4.50 and the upper error band is a potential 5.50. This assumes, of course, that the price behavior continues into the near future in the same error channel.

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