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


To: Venditâ„¢ who wrote (15247)10/25/2000 8:05:46 PM
From: Clappy  Read Replies (1) | Respond to of 19374
 
Hi Reid,

I was looking at NTAP's chart.
stockcharts.com[L,A]DACLYYMY[DC][PB50!B200!D20,2!B13!B5][VC60][IUI5,3,3!UH15,5,5!LL14!LA12,26,9!LA8,17,9!UB14!LK14]

Although it's stochastics and MACD are far from being a buy signal, I noticed it bounced sharply off of it's 50dma like it did during the previous selloff.
That 50dma line coincides with a long trendline drawn diagonally upwards connecting the lows of May, Mid August, and Mid October.
It also looks to be close to some rather strong support at this level.

What would signal a buy for you?

Would you wait for the Stochastics and MACD to signal or would you be satisfied with it's current support and rebound off of the trendline and 50dma?

Thanks in advance.

-Clappy