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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: TEColeman who wrote (2504)11/26/1997 4:24:00 PM
From: fred woodall  Read Replies (1) | Respond to of 93625
 
(11/25 988up/928dn)(11/26 487up/515dn) MACD on daily shows the price has hit the top for this cycle. MACD 60m shows a good distance to the bottom this cycle. Upward spikes during the day are .500 or less all of which are quickly lost. Yesterdays run up on the Nasdaq gave RMBS a 3 point stretch which profit takers jumping right in. Trendline for last 4 days shows a price bottom about 48 however that can change in a minute. If I had to trade RMBS it would be short city but even that's to risky for my blood.