SI
SI
discoversearch

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.
Technology Stocks : ASTX -- Ignore unavailable to you. Want to Upgrade?


To: Derrick Welch who wrote (263)9/20/2000 8:05:00 PM
From: Stu Bishop  Respond to of 275
 
Hi all,

I'm no TA expert, but I do look at the elementary aspects, and there are several positive technical developments taking place.

1. The price is back above the 50 day moving average (DMA) as of yesterday.

2. Moving Average Convergence Divergence (MACD) is going positive.

3. Relative Strength Indicator (RSI) has just gone positive.

siliconinvestor.com

If we don't rise A LOT soon, I'm afraid we may come under heavy tax selling pressure starting next month. Many people, I'm sure, bought at much higher prices.

We'll see how it plays out.

Best of luck,

SPB