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Pastimes : ASK Vendit Off Topic Questions

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To: Venditâ„¢ who wrote (252)5/1/1999 12:20:00 PM
From: Venditâ„¢  Read Replies (1) of 19374
 
Spreck,

Is this what you want??<VBG>

Re: PCS

In the chart below you will notice the Williams R indicator has reached the very bottom of the scale or
100. This is on of two positive things I see because it indicates that PCS is near a bottom. That line will
turn up about 1 day before the stock reverses and starts to head back up.

askresearch.com

The next positive thing I see is the stochastics indicator. It has a also reached below 20 on it's respective
chart range and is probably a day or two from a crossover buy signal. That would be black line heading up and penetrating the green slow line.

askresearch.com

The negative thing I see is the candle formed on Friday suggests a down open on Monday.
Money flow is flat so that is a neutral signal and a few other indicators suggest room to fall a bit more.

Support seems to be at about $42 where it is now and if that level is breached then next support is about $35. Overhead resistance is $46 and if that is penetrated expect it to test $55.

I hope this has helps,

Vendit

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