Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : CHARTS AND TA, A UNIQUE APPROACH -- Ignore unavailable to you. Want to Upgrade?

To: Magnifique who wrote (1302)	11/24/1997 10:35:00 PM
From: stan s.	Read Replies (1) \| Respond to of 1391

IOM, PFST, NASDAQ........................................ IOM, failed to maintain a break over resistance. Vulnerable to a drop to one of the lower support levels. A number of short term sell signals kicked in today. Still a healthy chart as it trades over it's major MA's. geocities.com PSFT, again not a lot to comment on here.Could trade to a support level of 63 1/2. A couple of short term sell signals but with todays overall action, hard to decide on their importance. Trading above the major MA's...overall still looks fine. geocities.com NASDAQ, failed to break and hold over resistance Friday. Subject to a possible test of support of 1530 or so over the next few days. Still trading above the 200 day MA. Not as ominous as it might seem if it holds there. Bollingers tightening a bit...a basing here would not be a bad thing. Some momentum sell signals here as well. geocities.com