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 : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Mark[ox5] who wrote (9013)	12/8/1997 8:33:00 PM
From: James Strauss	Read Replies (2) \| Respond to of 79309

FPFG.... >>>From a fundamental standpoint this is a rock solid co. which is highly undervalued, and recently sufered from the woes of competitors and similar companies (i.e. falling in sypmathy). Got in today in mid 40's and its treated me well hehe. Think this one can make a strong run to 50s and soon. What do you see as its 1st resistance.. and if it breaks through what would be next resistance? Would appreciate some perspective from a TA point of view. Thanks.<<< ********************************************** Mark: A close above 42.00 takes it to the 45.00 area... A close above 45.00 takes it into the mid 50's... It is now sitting below an intermediate term trendline... A break to the downside could take it ot the 32.00 area... Slightly positive moneyflow and Relative Strength... MACD looks like it is sniffing at positive... The next few days should tell us the direction... Jim