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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Bretsky who wrote (9980)3/18/2000 5:21:00 PM
From: Venditâ„¢  Respond to of 19374
 
Hi Bretsky

I have been following RFMD for a friend and am familiar with its recent gyrations. It was a screaming buy as it touched its lower trend line support a few days ago at $111. Its now showing some profit taking by those who did buy in that area IMO.

The indicators are now mixed so I expect it to take a day or two to stabilize and establish a new uptrend. Waiting one more day to assess the situation is a smart thing IMO.

All indicators are still negative to neutral. Upper resistance is $150.

askresearch.com

TXN is a likely buy at this time but you should be aware that lower support is at $160. Monday should confirm a stochastics buy signal IMO. It will meet some upper resistance in the $176 and $180 area but should take off after that level is taken out.

askresearch.com

Entry at $169 15/16 with a stop in place at $164 1/2 if you use stop orders is my thinking. Next lower support is $165.

Welcome to the thread!

Reid



To: Bretsky who wrote (9980)3/18/2000 9:07:00 PM
From: Annette  Read Replies (1) | Respond to of 19374
 
Hey! Are you still in Mad City?
Greetings from Wisconsin TOO!