SI
SI
discoversearch

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.
Technology Stocks : Spectrum Signal Processing (SSPI) -- Ignore unavailable to you. Want to Upgrade?


To: Schmedley who wrote (353)12/5/1997 7:41:00 PM
From: Galirayo  Read Replies (2) | Respond to of 4400
 
[ Chart Chat ] Hi, Schmedely.

You have me really curious.

>>if the share price were to cross 7 1/4. (Like many others, a price of 7 3/8 on rising volume with a close on the high of the day would have me "averaging UP!) <<

From a Double Bottom following an 8to10 New Price Low to cross upward thru the 34, 50, 89, 100, 150, and 200DMA.

The 89 the 100 and the 50 are all so close together providing some support while the others are just below that.

Why the $7 1/4 to 7 3/8 target? Why not add on a bounce off on of these MAs?? The 89 or 100 bounce would do fine IMHO. The 50 would be OK to.

Thanks,

Ray