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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (102664)	5/16/2001 2:16:31 PM
From: rolatzi	Read Replies (1) \| Respond to of 436258

The way I read the chart HM hasn't broken out. If you look back 1 year (if that's not too ancient for the modern investor), resistance is at 7.62 (Jun 00). Interestingly, HM since it bottomed out, is forming an ascending channel. The current upper line of resistance touches 7.71 at this current time. I think therefore that HM has some room to move up still. The bottom line of that channel is currently at around 5.5 which is also where the 200 dMA is sitting. I don't expect HM to correct that much at this time however. If it does, I know a lot of people who might want to buy it. rolatzi