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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Nikita who wrote (7527)4/12/1998 8:22:00 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
hi nikita,

cmtl looks great.

weeekly strong buy since 2.20.98 @ 4.5

now cmtl @ 7.5.

weekly buy signal is closing up. so a top can be expected on 2-4 weeks time frame (all subject to change in a moments notice)

the fall of the recent price below the 21 day ema is a troubling sign. i would then look for support at 50 day ema @ 6.72

on second thought, weakeness is seen already. please note that a weekly sell often comes "late" in terms of optimal sell point. so, this might be in fact the optimal time to exit.

please do your research.. i would reevaluate your position after monday or tuesday's action..

feel free to ask for my opinion as well.