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.

Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (490)	4/20/2001 12:03:05 PM
From: Perspective	Read Replies (2) \| Respond to of 209892

Update on developing list; sorry couldn't do my homework last night, AC/DC was in town. <g> STOCKS THAT ARE AT RESISTANCE: ONIS - struggling with it's big downtrend TL, and extremely extended. VRTS - at channel top. VRSN - extended, fighting TL. GE - extremely extended and at the TL for the whole down-move. Shouldn't crack this on the first attempt. Its break of the falling channel a few days ago was a major signal that this corrective move was of high degree. Also at a couple areas of congestion. AOL - reapproaching base failure on weeklies; good r/r setup. SMMX - at horizontal resistance, quite extended. STOCKS THAT ARE EXTREMELY EXTENDED: RFMD!!! TQNT - LOL! MRVL AMCC CCMP PMCS AMZN BULLISH FORMATIONS AND SHORT WARNINGS: T !!! I'm watching for a breakout of that base at $25. BRCD - nothing but air above right now. IMO better risks elsewhere for the time being. INKT?!? Downtrend breached, resistance cleared!!! Would wait to see if today sticks, though. Strongly suspect it is short-covering related, and likely to die when the pressure comes of the shorts. BC