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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: aerosappy who wrote (9719)	10/18/2001 1:35:33 PM
From: cnyndwllr	Respond to of 23153

Thanks aero. eom. Ed

To: aerosappy who wrote (9719)	10/18/2001 1:40:48 PM
From: chowder	Read Replies (1) \| Respond to of 23153

Aero, I think I'll focus on the Relative Strength Indicator and the MACD for ZOMX. These two indicators sum up the current situation best, I think. If you'll look at the RSI, take a look at the three highest points. Each of the highs is lower than the previous high. This stock is very, very weak at this time. stockcharts.com[h,a]daclyimy[pb20!b10!f][vc60][iut!Ub14!Ua12,26,9!Lh14,3!Lc5!Ll14!Lj[$spx]] The MACD indicates the trend is headed down. The 9 day EMA line is crossing down and over the MACD line which is considered very bearish. The other indicators are all headed down and should speak for themselves with a quick look-see. When I change from a daily chart to a weekly chart, I don't notice anything exciting. This one looks like it wants to test it's low. ALXN is overbought and looks like it's going to give back some of its gains. Yesterday's Bearish Harami candlestick is the kind you don't like to see if you're long the stock. Those long red candles indicate you've got a good supply of sellers. The bulls are going to need a strong catalyst to reverse this trend. stockcharts.com[h,a]daclyimy[pb20!b10!f][vc60][iut!Ub14!Ua12,26,9!Lh14,3!Lc5!Ll14!Lj[$spx]] The weekly chart looked like it wanted to make a bullish move. I don't know anything about this company but it looks like it's a follower and not a leader. If the sector heads down, this one will suffer, if the sector heads up, this one meets some solid resistance. I'd play this one via the oscillators if you feel inclined to play it. Buy when the Stochastics are under 20, sell as they approach 80. The daily Stochastics show this strategy would have worked well over the past year. The advice was free, take it with a grain of salt. <VBG> dabum