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Technology Stocks : RF Micro Devices (RFMD) -- Ignore unavailable to you. Want to Upgrade?


To: Nimbus who wrote (4267)2/1/2003 11:58:04 PM
From: ehasfjord  Read Replies (1) | Respond to of 4849
 
RSI - indicates heavy oversold but still heading down.
Candle - almost a hammer pattern and bouncing off the
bottom boll. band. If the candle were white,
I'd bet that there was a good chance of RFMD
heading up from here. Since it's "almost"
a hammer pattern , black, still potential for
dropping down.
Stochastics - Indicate room for downward movement. Red
line not crossing black line - but tried to.
Momentum - Neg. indicator. Confirms RSI.
MACD - Indicates oversold, but with room to drop
even more.
I won't even get into W or M patterns.

These are the reasons that I guess that RFMD is a good
pick between 5.25 and 5.00.

Here is the chart I'm looking at.
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