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Technology Stocks : PLASMA THERM (PTIS) -- Ignore unavailable to you. Want to Upgrade?


To: JM who wrote (319)1/15/1998 6:06:00 PM
From: Marlin C. Harmon  Read Replies (1) | Respond to of 509
 
For those into charting the chart looks very good for a carryover into tomorrow. We may see bids of upper 8's or 9's before the momentum guys move into take their profits. THe highs for the day did cross the 50dma which is a good sign. Too bad it didn't close higher than the 50 dma and that would be a better sign. The Stochastics look strong and the RSI is above 50--always a good signal. For those following the ADX and +Dl vs -Dl--also very strong. ADX is not above 35 but it did turn up today and that is also attractive. (So much for a quick TA point of view) And then you add to that the strong fundamental outlook which does a big part of driving the momentum, we have ourselves a company getting healthier by the day in terms of stock price.