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To: Arthur Tang who wrote (1214)2/15/2001 9:24:40 AM
From: TechTrader42  Respond to of 1471
 
From the point of view of TA, MWBX looks like a sell. Long-term MACD is overbought and turning down. Price can't remain above strong resistance at 7.47. It's very overbought in the weekly chart, too.

While most of the fundamentals do appear to be good, the projected 1-year EPS growth is negative.

I'd call it a sell. But I'm wrong more than I'm right, it often seems.



To: Arthur Tang who wrote (1214)2/15/2001 10:29:33 AM
From: TechTrader42  Read Replies (1) | Respond to of 1471
 
Those MWBX candlesticks are beginning to look like high waves, btw. They may be signaling a turn. They're not alone in giving sell signals, either. But we shall see.

OT: It's not my chat room, btw. It has an absentee landlord at the moment -- a slumlord, if you will. I have no idea what's become of him. I'm not even the concierge. Not even the charwoman. I drop in from time to time to catch up on TraderX's successful trades.


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