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


To: majormember who wrote (1728)10/18/1998 12:48:00 PM
From: Loren  Read Replies (1) | Respond to of 4140
 
Skane/Thread...

For the short-term, I agree... major support @ 3.75-4.00, resistance @ 5.75...

Longer-term... I use MACD... the histogram has just bottomed out, but is not showing an established uptrend of any strength yet.

What you do depends on your timeframe... me, I sold SNRS @ 7 15/16 on May 15, based on a sell signal... and it has downtrended ever since...

I have to wait on an uptrend before I get back in again... I may miss a little bit of action if something wonderful happens to SNRS fundamentally, but that's the price I pay for accuracy.

Loren