SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Security Dynamics SDTI -- How much money can they make??

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Konrad who wrote (1427)5/12/1999 2:58:00 PM
From: Jeff Bond  Read Replies (1) of 1614
 
The 100 day moving average is right at $20, I agree that $20 is the current line in the sand. It will probably need to consolidate and develop support in the $20 range before moving on. I don't see the trend being broken, but the price is ahead of the trend, so it's probably pulling back and filling.

I don't want to see the 10 day moving average turn negative, but it looks like that is going to happen. If so, after $20 there is the 200 day moving average at $16 to provide support.

My guess is attempts to develop support at $20, if good general market conditions then it holds, if bad conditions we see $16 and hold. May isn't historically a very good month :(

Regards, JB
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext