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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?


To: Jan Crawley who wrote (4058)1/23/2003 11:54:03 AM
From: Return to Sender  Read Replies (1) | Respond to of 13403
 
OT: On ALTR have you ever looked at Stock Consultants TA site? Here is their current read on ALTR:

stockconsultant.com

My own read is that the stock is now extremely oversold with an RSI near 30 and a touch of that lower Bollinger Band chances are we hit bottom here today making your buy a very profitable one:

stockcharts.com[h,a]daclyyay[pb50,200!d20,2!c20!c10!c200][vc60][iUb14!Uk14!La12,26,9!Ld20]&pref=G

Of course I could be wrong. If market conditions pull AMAT down then ALTR could become a broken stock. I don't think that is likely though because AMAT and TXN should continue to show enough strength in the days ahead to help us avoid a test of the neckline on the head and shoulders (if it is a head and shoulders) of the SOX for a little while longer..

RtS