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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: genaro who wrote (568)12/6/1998 10:03:00 AM
From: Moominoid  Read Replies (2) | Respond to of 99985
 
OT OZEMY

My understanding was that the takeover rumour was denied which is why the stock is tanking now. Take a look at the stochastics on this chart:

iqc.com

That's also a highly bearish descending triangle on the top.

There was a recovery in the last day but it doesn't look that strong.

David