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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (14527)4/12/1998 1:23:00 AM
From: Jenna  Respond to of 79471
 
Need 'beta' testers for April13-17 "Earnings Plays" newsletter:
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To: Sergio H who wrote (14527)4/12/1998 1:40:00 AM
From: milesofstyles  Read Replies (1) | Respond to of 79471
 
hey amigo, mpdi
took a look at mpdi, i saw on the other thread you were looking for
quickie here, i got all the short rsi's hitched/flat as a result of
the same close two days in a row,the result is a possible right
shoulder of ihs, the sto's short have all bottomed
and are pointing up,crossing oversold conditions, neither have broken
any resistance lines, i like
the three higher lows , the lowest low found support from the 200dma
but the fact it had no volume thurs and didn't
move any higher than the open concern me. news would do this stock well, short smi's
and cci's also will face resistance soon but are hitched positive.
the 5.8.13 macd is hitched positive but below zero.the standard macd
crossed to the downside. as far as possible price resistance support i
got about 9.00 and 5.50 respectively, by
friday giving you a pretty even risk reward. most of the intermediate
and longterm indicators are flat or improving. mamlr crossover and smi
threshold bounce will probably both come into play this week, which
will tell alot, hope this helps...nice mimbo completion with high
8.27.97