Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : ADC Telecommunications -- Ignore unavailable to you. Want to Upgrade?

To: Mao II who wrote (1397)	1/18/2001 1:41:11 PM
From: max power	Read Replies (1) \| Respond to of 1944

right now it appears 21 is hard resistance max

To: Mao II who wrote (1397)	1/18/2001 2:30:42 PM
From: Rainmaker	Read Replies (2) \| Respond to of 1944

M2, here's how I'm looking at the resistance... Right now, on both the 30 and 60-min charts, MACD made higher highs from 12/10. Since I follow MACD, the next resistance level is around 27. The price resistance of 25 that you're citing relates to early November? At that time, MACD was negative and the move to 25 MAY be attributed to oversold conditions as stoch was below 20? According to Kensey, stoch is not reliable when MACD is below equilibrium. JMO - either way, it's good to see ADCT moving above 20 : )