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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?


To: unclewest who wrote (3687)1/9/1999 1:21:00 PM
From: DM  Respond to of 56535
 
ALL (S) SDTI

this stock has ha a nice run up recently. News article on 1/7 has sdti and IBM teaming up...

marketwatch.newsalert.com

According to Clearstation chart this stock is above its 13 day ema and 50 day ema...price shows uptrend....On the MACD chart the centerline is in the middle of the chart which is a neutral reading...Like to see the center line at the bottom..The signal lines are showing a uptrend, which if continues may push the center line toward the bottom.

I do not really know whether the up movement is due to market in general, or beacuse this stock is finally being acquired because of price...It has been beaten down quite a bit this last year..Probably a little of both...

DM