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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (7348)5/21/1999 11:27:00 AM
From: KevinThompson  Read Replies (1) of 57584
 
PTEK:
Well, maybe too soon to tell, but with just a glancing review, it looks like around 17 1/2 is good level for consolidation. By my estimates, this is the 50% retracement area from yesterday's bold move. Also the short term moving averages are converging here, and as well, one could make the case that other tech indicators are showing rebound is up next. (MACD and Stochastics)

regards,
KT
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