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.

Pastimes : Stock Time Travelers -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (28)	2/3/2000 11:52:00 PM
From: Hawkmoon	Read Replies (2) \| Respond to of 753

Hey Ron, you're into channels. <g> Hmmm.... I wonder what she could mean by that??? Anyhoo... I would be happy to take a gander at BEAS. Here's the basic chart: siliconinvestor.com This is one of the best-looking charts I have seen in some time. Very strong.. and just look at those Bollinger Band pinches... Sweet!! The trading is getting more sloppy in the stock over the past week or so, but those last couple of months are a thing of beauty. What I would pay attention to is the 60 minute chart: siliconinvestor.com Notice that red line marking the MA.. when ever BEAS has penetrated it on the downside, it has faltered and consolidated some more. The same thing on the daily chart is occurring wherein BEAS ended the day on that MA line without penetrating it. This suggests more upside tomorrow (if the market behaves). MACD also appears to be turning upward again. In sum, you're still in the upward channel that is displayed on the daily chart and you may have legs up to $100 and beyond. Watch that $94/share level for a failed double top. This stock must penetrate it to go higher and their may be some resistance at $94. What is it this company does again? I'm going to have to put them on my watch list. Regards, Ron