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Microcap & Penny Stocks : AMERICAN BIOMED, Minimally Invasive Technology (ABMI) -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey L. Henken who wrote (686)5/5/1998 5:51:00 PM
From: Bill Fortune III  Read Replies (2) | Respond to of 2887
 
Jeff and ALL, it appears that some people really receive a gift today, it appears there were three trades between 10:45 and 11:15 at 0.73 they must be beyond elation. Great for them and hope they are ABMI longs.

A Couple of other points I would like to make is that ABMI has moved well above the zero line on the Bollinger Bands (Movement of the oscillator above the zero line measures buying pressure while movement below the zero line measures selling pressure). Bollinger Bands provide a view of the current trading range. They can be used with other indicators to determine when it's time to buy or sell. In my opinion they tell me ABMI is to be bought.

Additionally "The Volume Accumulation" the oscillator indictor has moved from the 0 point on April 28th to over 70 on the upside. Again in my opinion they tell me ABMI is to be bought. (Movement of the oscillator above the zero line measures buying pressure while movement below the zero line measures selling pressure).

The charting I am talking about is located at:
bigcharts.com

You can set any Time frame, Compare to and Indicators to a great number of different perimeters so as to provide you with the results you are looking for. If anyone is interested they should give it a try. There is complete help in understanding the different charts and their parts available with the chart itself. You can get a wealth of information on any stock you are interested in through this site, And it FREE!

ABMI is beyond a go its now on a full fledged upward move and where it is going to stop is anyone's guess.

Bill Fortune III