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To: JMarcus who wrote (198)1/14/2003 3:32:12 PM
From: Jibacoa  Read Replies (1) | Respond to of 3722
 
<<We've broken the back of the one-year downtrend line.>>

Yes, the stock is now trading above it's trendline on the weekly chart, but it is not on a frank UPTREND on the weekly chart as yet.<g> The PSML data on that chart at present are: 1.38 1.15 1.04 & 1.17 (The L average is still above the S & the M )

As I previously mentioned, the chart will look a lot better when the stock can trade above its December 2001 H of $2.67 but that would be a substantial % gain from present levels and that is why I set the present goal at the June 28 H of $1.70 <g>

siliconinvestor.com

You can see that the averages are not yet on the right sequence on this weekly chart:

bigcharts.marketwatch.com

RAGL

Bernard