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Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas... -- Ignore unavailable to you. Want to Upgrade?

To: Lawrence Burg who wrote (210)	2/22/1998 10:04:00 AM
From: Lawrence Burg	Respond to of 747

On TA I don't see much. BBs show no narrowing. Recently bounced off top band and was moving to lower until reversal Friday. May go lateral for a while. Stochastics show %K crossing below %D, a theoretical sell point, but historically, not a good fit for IECS, being correct roughly 50% the last 6 months. RSI (& CCI) may be trending lower, currently around 50 hinting lateral moves. Chaikin Oscillator CO is flat. No action since Nov/Dec. CCi is on a downtrend recently bouncing off 100, and running against the $ (only 1 day); this divergence if it continues would indicate a sell. This is hinting negative. My only positive, is a trend indicator, MACD. 9 day trigger has crossed the 12/26 on 2-16, & sits just below 0. Previous similar movement of MACD occurred 11-24 @ ~15c and saw price rise to ~3/8; although the 11-24 move was shadowed by the CO. Like I said, don't show me much and my previous post stands. I'll see what Monday's closing data does to things. Remember this stuff even 'tho inconclusive has a very short term view. To: John Samsel...didn't forget your 197, will try to get back to you tonite...Lawrence