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Non-Tech : PSUN A new breakout at $30+! -- Ignore unavailable to you. Want to Upgrade?


To: Duane L. Olson who wrote (1215)6/13/1999 5:24:00 PM
From: Toby Zidle  Read Replies (1) | Respond to of 1622
 
[O/T] ... LTXX

Duane, I don't follow LTXX, but as I checked on it this afternoon, I had one clear impression....what a beautiful chart!!

Market Edge's "Daily Second Opinion" describes it this way:

Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a STRONG UPWARD TREND
Relative Strength is BULLISH
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is rising which is BULLISH
LOOK FOR SUPPORT AT 9.55

RECOMMENDATION

STOCK IS A BUY

Market Edge puts a sell stop at $7.05. The chart shows that support base very well. But that's a 30+% loss from Friday's close. I'd probably sell at (= below) the $9.55 support and hold above that price.