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Technology Stocks : Cymer (CYMI)

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To: Zeev Hed who wrote (21632)4/8/1999 9:14:00 PM
From: EepOpp  Read Replies (1) of 25960
 
okay, i'll make a fearless prediction (guess).

i've got a downtrendline across the last three major tops going back to late Jan./early Feb. and made a parallel line of it for the bottoms (i'm also guessing we're at a bottom right now). It looks like we should bounce back up to the upper downtrendline and i'm going to guess the price will meet it at about 22 1/2, maybe even 23 1/2. And this should happen within the next three weeks. After that, who knows.

also, the stochastics are turning positive on it and the Williams %R is oversold. They seem to be pretty good indicators on direction but not magnitude. Only problem is that the OBV and MACD are still negative.

course, i have a put just in case i'm wrong.

good luck to all!

WT
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