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


To: arnold silver who wrote (17990)12/20/1999 8:01:00 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Hi Arnie:

Sorry you missed DUSA. I thought about you this morning when the phone quote said low 22 11/16..."hope Arnie is watching" DUSA is way into un charted waters now so where it lands at this point is anybody's guess. LOL

WGAT:

siliconinvestor.com

Kind of a mixed bag of charts..The break below the 50dMA to 40 is not good, but looking at the weekly chart looks like the stock could go back to 43. Downside volume has been getting smaller and the stock is still way above its 200dMA. The Daily chart is showing some weakness too, but I think just a correction. The 60min chart is showing oversold which tends to make me think the stock will go back to 43 where the 50dMA is. That is where the battle will be fought. A return over 43 on decent volume will restore the trend.

Ken