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Technology Stocks : Atmel - the trend is about to change -- Ignore unavailable to you. Want to Upgrade?


To: Mang Cheng who wrote (7948)2/27/1998 10:21:00 AM
From: Jim Lou  Read Replies (2) | Respond to of 13565
 
Mang, I will warmly welcome a breakout to the downside, so that I could accumulate more. As we can see, the bad news in the past has not stopped the accumulation. Right now, the chart looks ready to lift. The curve crossed 25 MA, it is touching the 50 MA which is a further confirmation. There is probably not much chance for the downside, IMHO, for this 1.6 Bil market cap company. If you chart CYMI, you'd see the same pattern. Unfortunately I sold cymi at 19 (bought at 16+), too early. Cymi is at 22 now.