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Microcap & Penny Stocks : Compact Connection (TSIG) - The next CDNW? -- Ignore unavailable to you. Want to Upgrade?


To: Dixie7777 who wrote (1079)7/31/1998 2:46:00 PM
From: MskiHntr  Respond to of 1574
 
On the Technical side, a thought or two

Just had the opportunity to reveiw the 5 minute intraday price chart.

Three buying waves so far,
.36 to .395 (9:45 to 9:50/10:00)(208,000 Shs),
.36 to .395 (12:00 to 12:25)(407,500 Shs) and
.38 to .395 (1:15 to 1:40)(361,000 Shs)

I wonder, hmmm, will there be a fourth wave of buying to take out that intraday, triple top at .395?

Anybody got any thoughts on how much volume would be needed to take out the seller(s) at .395?

So far, at 2:45 EDT the pullback to .375/.38 is on only 34,600 shs.

Best,