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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (36139)2/11/2002 2:10:35 PM
From: Johnny Canuck  Respond to of 68488
 
AMAT looks relative strong here. The 50 day EMA has been good support the last few months and that is currently around 42.

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The options chain looks like it should end up at around 45.

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Same options target for EMLX:

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EMLX look vunerable on the chart, topping OBV and declining money flow.

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On ONIS, I think 7 is doable after a brief rest after tomorrow`s session. It has about $3.90 in cash and is one of the few companies adding customers. A new customer announcement should get it through the resistance around 6. I have not heard the CC yet, so I have no idea about the timimg of new customer announcements.