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Technology Stocks : RadiSys Corp
RSYS 1.720+0.6%Dec 11 4:00 PM EST

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To: teri pham who wrote (454)2/27/1997 9:25:00 PM
From: stan s.   of 1472
 
Teri, I use Bollinger bands with RSI along with some momentum indicators to corroberate the RSI.

If you tighten the Bollingers to a short term range(10 day period with 1.5 standard deviation) you'll find support around 33 1/2, some resistance at 38 1/2 and relatively clear to 42.

The problem with just giving Bollinger readings is they work better in conjunction with an indicator like RSI to help determine whether the resistance is likely to be overcome or not.

Combined they also help determine entry and exit points.

For instance 33 1/2 would make a good entry point for RSYS if the RSI is breaking out of the oversold range as the price hits the target.

On the other hand if it hits resistance and the RSI is way overbought its a good time to sell.

Right now RSYS is in a stalling pattern with a down tendency but without a clear direction.

If it makes a clear move one way or the other, post me again and I'll let you know what the momentum seems to be.

Stan,

PS, it's my understanding the SEC never announces anything but I would think RSYS would.
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