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Pastimes : ASK Vendit Off Topic Questions

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To: Vendit™ who wrote (556)	6/6/1999 11:36:00 AM
From: Vendit™	Read Replies (2) of 19374

Re: AOL analysis for the upcoming week. Confirmed buy signals are Stochastics askresearch.com William's R% actually turned positive on Thursday and confirms stochastics buy signal on Friday. askresearch.com The Relative strength indicator is also positive and has made it's turn in the lower portion of it's range which is bullish. askresearch.com MACD which is a momentum indicator is one day away from signaling. The previous 3 times the MACD has gotten to this same stage the signals have broken down and failed. A close of no change or any move higher will cause MACD to signal on Monday. This will mark the new beginning of a rally with this signal. askresearch.com The elongated and white colored candle that formed on Friday indicates a higher open for Monday. AOL is just shy of it's over head resistance of the 70 dma but did move firmly back above it's 100 dma. A move above it's 70 dma with a close above that level will make $120 new support. The next level up from that would be $125 which is also a resistance point. If we break above $120 -$121 then $135 to $140 is possible. 206.146.143.80 Otherwise the trading range will remain between $105 and $120.

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