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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?


To: tom jones who wrote (4854)11/20/1997 10:46:00 PM
From: flickerful  Respond to of 11555
 
To: +flickerful (1277 )
From: +stan s. Thursday, Nov 20 1997 10:31PM EST
Reply #1280 of 1280

IDTI, flickerful, in line with your earlier intimations. Trading below all the
major MA's. Has been unable to break this down trendline (yellow). Obviously
if it doesn't break it...it has no choice but to continue down. Closed below
support yesterday and right at what had been support, today.

geocities.com

One of the difficulties in charting IDTI is the relatively ineffective action of the
indicators. Not much happens. It is oversold on some indicators now ...
if it can hold... perhaps an upward move in the offing.

It is being squeezed into a corner....break over the down trendline...or fall below
support. Kind of a sloppy descending triangle.

I show volume as 50% above average..

Stan

~~~~~if anyone would like to speak with stan, here is a link:
techstocks.com