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


To: Galirayo who wrote (465)1/7/1998 2:43:00 AM
From: lazar921  Read Replies (2) | Respond to of 4400
 
RAY...as for the TA after that last run from 5 to 7, the RSI topped out pretty high above 75 (if i remember)...we aren't there yet, but do you believe traders will bail on this thing again as it gets overbought...or will a clear break through 7 send it up? Also the vol out of nowhere late tues?? Either it's news or new buyers but unless there is high "organization" i doubt that it is all "new buyers" that happened to plow in (all at the same time in a bad mkt day and a LOW vol period for SSPIF)??? what do you think about resistance here re: RSI?
thanks, jeff