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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Suresh who wrote (27114)6/21/2000 1:02:00 PM
From: shasta23  Respond to of 68391
 
re MOMO... a true indicator seems to be the genomics for me. It deja vu all over again on these moonshots. Must be time for some remarks of clinton or blair again that will collapse this arena ;-0. But so far we see the old fellas PDLI,DNA,HSGI etc doing their >10% a day thing again.



To: Suresh who wrote (27114)6/21/2000 1:09:00 PM
From: Johnny Canuck  Respond to of 68391
 
Hi Suresh,

RHAT looks interesting. It is looking technical overbought short term, but has great volume on this current run up. There might be one more day of upside with a possible run to the 100 day EMA at 40. I think Thursday people will start positions in advance of the Fed meeting though. So it will difficult to make any sustained advance. I-watch is not showing a lot of block active on RHAT. 90K on the buy side, 0K on the sell side, 15.3 mil total so far today.

Most stocks are showing neutral block trading. DITC, HLIT and JDSU are showing next block buying.

HLIT
350 K block buys
25 K block sells
2.3 mil total volume

JDSU
2.0 mil block buys
1.25 mil block sells
6.2 mil total volume

DITC
350 K block buys
0 K block sells
631 K total volume.