Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Identix (IDNX) -- Ignore unavailable to you. Want to Upgrade?

To: David who wrote (14141)	7/2/1999 5:30:00 PM
From: Elvis Jones	Read Replies (2) \| Respond to of 26039

Technically Speaking... Hi! (miss me?) Support is confirmed at $8-3/8. IDX has not closed below that level since April 22nd. It closed at $8-3/8 on April 23rd. Then it spiked up to $12-1/4 before drifting back. Yes, most of you know this. But, did you realize that the drift back down never closed below that $8-3/8 price? It actually closed there on June 23rd, and attracted buying interest. Now, let's factor in that the $8-3/8 support level is higher than the RISING 200-day moving average line. This is very bullish technically. Rob, am I missing something by not rejoining the party? Happily Following IDX, Duke