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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?


To: zChristopher who wrote (14540)4/10/1998 1:55:00 AM
From: Mighty_Mezz  Read Replies (1) | Respond to of 31646
 
zChristopher - Recent antics have temporarily reduced the reliability of short term TA. It's more effective when the price is affected only by buying and selling, not the machinations of MMs.

That said...
Yesterday's bullish engulfing was not confirmed today, but neither was it contradicted. Neutral
Intraday sticks formed a tower bottom just below 11 on Tuesday. Bullish
Intraday BBands are nicely pinched, daily BB nada. Toss up.
21 DMA was declining, is now flattening out. 50 DMA was rising, it too is now going toward flat. Neutral

Overall, charts look neutral to me, short term

I picked up some more shares @ 12 today. I think we'll get some news early next week. If not, no big deal - I can wait.

Keep on keepin' on.