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


To: Olu Emuleomo who wrote (17645)5/26/1998 1:36:00 PM
From: ayahuasca  Respond to of 31646
 
Olu-
I know you are referring specifically to technical indicators but if TAVA goes from here to the mid to low 8's I will be surprised. TAVA has already corrected 40% from it's high of around 15. It hit the mid 8's last week (or was it the week before). I almost jumped out of my window then. It has since moved back and seems to be trading between 9-1/4 and 10-1/2. I think it will base here..more news sending it back upwards.
Of course I didnt believe you when you were talking about TAVA below 10 a few weeks ago so perhaps you are right. I, for one, hope you are not.

Good luck



To: Olu Emuleomo who wrote (17645)5/26/1998 1:50:00 PM
From: James Strauss  Respond to of 31646
 
Moving Averages Are Fluid...

Olu:

It is not written in stone that TAVA goes back to the 200 day MA... In fact, every uptick raise that MA... Stepping back from the chart, we see that the 200 day MA is rising... MoneyFlow just changed from negative to neutral... Stochastics has bottomed... Everything is in place for a move to higher prices...

Jim