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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Ditchdigger who wrote (17186)10/30/1999 1:22:00 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Kenny,

GLBL: The triple top you mention is not a good thing.
The stock is short term overbought and looks to be going lower from here. IMO the 7 area where you are averaged is going to be a support with some sideways trading between there and the low 8 high 7 area.

timely.com

The current price is above the top band and the 50day cross below the 200day is not a good sign either.

Ken