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Technology Stocks : C-Cube -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (27236)12/30/1997 3:12:00 AM
From: Jay k.  Read Replies (1) | Respond to of 50808
 
/Cubes chart looks awful here. Along with a
very possible Chinese Banking Crisis ( Cube, you must admit, does almost half its
business in China) and further pricing pressures down the road, it's prudent to
remain on the sidelines in relation to C-Cube Microsystems. /

Chart does look terrible. MACD is still on buy. Short term trend just went negative from neutral. Momentum is a big negative. Volume and market strength is negative. Based on TA I would also recommend to stay on the sideline till earnings when We can hopefully get a better picture.

B/regards

PS: I'll post if there is a change of trend or momentum.