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Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: Tom Drolet who wrote (3230)	1/30/2000 2:58:00 PM
From: jef saunders	Read Replies (1) \| Respond to of 14101

ok, i looked at some long and short term charts. long term support is at 3.95-4.00, then 3.80, and there's an unlikely number of $3.20. resistance at 5.25, 5.60 and 6.10. the 5.60 was hit in 10/99 and 9/97. dmx is an up channel that started in 98. the stochastics is sloping positively at 56, so there's still room left. in general the technical indicators are neutral. so bottom line long term is dmx drifting slowly upwards, and won't break through the 5s without some positive news. the short term charts also show 4 support. an uptrend started 1-14 has support at 4.48 and there's a sloping line down , resistance at 4.80. one of these trendlines is going to win soon, which will send it up to 5.25, or back down to 4. there's no way to tell which line is going to win. overall there's a cup and handle formation. this shows the stock continuing to go sideways and then eventually a sharp uptrend to follow. i'm just a holding, dmx is not exciting technically, and when there are peaks and dips you have to move really fast, they are very shortlived. dmx is exciting to me fundamentally and i expect good news to keep coming out over the next couple of years, driving it to infinity and beyond. by the way, is there an SI thread that discusses individual stocks, i used to monitor stock attack, but it has died. regards, jeff saunders