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Technology Stocks : S1: Doing Business in a Dot Com Depression, -V1

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To: Kevin A. Lynch who wrote (371)5/13/1999 8:55:00 AM
From: Box-By-The-Riviera™  Read Replies (1) of 1013
 
Looks like it's holding well above the 50 d moving average with ascending bottoms....but having trouble rising above the 14 d moving average where it appears to meet resistence at the 54 level....

once beyond the 14 d mov average it will meet fairly strong resistence at 60....which if it pierces 60... one could consider a new break out.... but we have to get there first.

momemtum has ebbed...but may have bottomed

stochastics are neutral

macd is rising slightly but still in negative territory

obv is acceptable...

Stock is basing and marking time and will rise and fall with the internuts until we receive more news...

regards

Joel
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