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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: tech who wrote (7864)11/17/1997 8:29:00 AM
From: tech  Respond to of 13949
 
Analysis of IMRS as of close 11/14

The upper Bollinger band is at 30 19/32 and the lower is at 20 5/16

The 49day moving avg. is at 28 3/4

The OBV hit bottom on 11/11 and has been steadily increasing.

The next resistance will be felt at 27 1/2, if we break through that level the test will come at the 49day moving avg. From there, the next stop would be near the upper Bollinger Band

Rating - Buy



To: tech who wrote (7864)11/17/1997 8:48:00 AM
From: tech  Read Replies (1) | Respond to of 13949
 
Analysis of FORE as of close 11/14

The upper Bollinger band is at 19 9/32 and the lower is at 14 7/16

The 49day moving avg. is at 18 19/32

We had a sharp price increase accompanied by greater than avg. volume. The OBV indicator has reversed and is now climbing. The Money Flow RS indicator shows that money is now flowing into this equity.

We broke through two trend lines in intraday trading on Friday, tested the 49day moving avg., but then settled back above the first resistance level.

The next test will come once again at the 49day moving avg. If we break and close above that mark, then we should easily climb to 19 29/32. If we break through resistance here, then we should go back up and test 21 3/4

Rating - Strong Buy