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


To: mishedlo who wrote (18952)2/12/2001 8:20:23 PM
From: Walkingshadow  Read Replies (1) | Respond to of 19374
 
M,

<< ...50 will not hold IMHO. >>

Long term chart suggests you are correct. That said, 50 has proven to be solid support dating back over a year, so this will not go without a struggle, you can be sure.

askresearch.com

EMC looks like a good long now, but a short as it approaches the long-term moving averages above, particularly the 200 day ema:

askresearch.com

That is, assuming it can rally up that high; it should be carefully watched for signs of technical, chart, and candle weakness as it approaches the 200 day, and particularly if it begins getting overbought.

JMVHO, as always.....

WS