To: Susan Saline who wrote (37877 ) 8/18/2000 1:33:41 AM From: ken-l Respond to of 43080 susan, barbara, and all re: BVSN this message is not an advice to buy/sell BVSN .. it is only my humble opinion, and i'm always wrong !! BVSN: bullish - closed with a reversal pattern 'bullish engulfing'. - closed above its 10dma for the first time after it filled the gap back in july. - traded above its short term 61.8% retracement @31.28 - broke the short term down trend line. - after the rebound from the low in may to the top in mid june, it has been forming a bullish falling wedge formation. although it retraces 100%, it's still considered a bullish pattern. - long term oversold sentiment. - MACD is printing a positive divergences. bearish - although it printed a reversal pattern at the close today, it still needs a confirmation of the trend reversal tomorrow. - the reversal today doesnt mean that it's up trending <yet> - closed rite underneath one of the 2 long term down trend line @33 5/8 today; but, that down trend line resistance will be trending lower tomorrow. watch the gap, if it's being gap lower tomorrow morning, there is a chance it might want to revisit the recent low. - the second longer term down trend line currently trading @47+/-, and gradually moving lower. - the 61.8% intermediate term <trading betw 47-27.69> retracement @35+/- is not yet broken. - short term overbought sentiment <15/30min intraday chart> anyway, it is late here in the east .. i cant think of any more of the bullish/bearish sentiment !! here's the several supports/resist: - 20+/- - 25.25+/- - 27.75+/- - 31.28+/- - 32.38+/- - 33.47+/- - 34.82+/- - 35.10+/- - 36+/- - 37.38+/- - 37.75+/- - 39.65+/- - 42.46+/- - 47.67+/- - 53.79+/- i didnt post the moving avg suppt/resist cuz they're changing daily, and most <if not all> of ya know how to access those figures !! regards and good luck all, auto ps. keep an eye on the 200dma @3945+/- on the compx tomorrow ... if it's broken, the higher resist are @3995+/- and 4066+/- respectively !!! pps. should i make any mistakes, or skip anything, please feel free to correct/adjust as needed !!