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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?

To: Loren who wrote (1530)	8/19/1998 4:00:00 AM
From: HeyRainier	Read Replies (1) \| Respond to of 4140

Short term momentum to the downside has troughed, though no crossover yet exists from the short term ActiveBalanceChannel (a custom-designed indicator). The price is also below some key short term moving averages, and now sits on the intermediate term down-trend line. Monday's Hammer was not confirmed by the following day's candlestick ("confirmation is definitely required") This breakout is still in danger of Failure if the price deterioration continues. The possibility of $6.00 is creeping slowly upon the stock. Let's see if that trend line holds. Regards, Rainier PS. Have others noticed the tendency for the stock price behavior to negatively correlate with the broad market's movements?