SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Sonki who wrote (14286)8/9/1998 7:50:00 PM
From: Magnatizer  Respond to of 42787
 
Thanks anyway Sonki

did a magnet study of ASDV:

Magnets and related: 46.50, 47.50, 54-54.125, 57.375, 67.25, 69-69.125, 77.125, 87...

current rankings: Long term neutral. Short term weak but strengthening. Weekly rank: sell, near buy. An up or flat week this week will trigger a weekly buy.

Looks like ASDV is likely to dip after touching 67.25. An entry off of the uptrend in the low 54s looks real nice. If it sticks at 57.375 or bases out at 67.25 while it gains short term strength I would look for entry on dips below 67. IMO a nice find. Once again I am still leary on the market as a whole so caution is urged.

ht
david