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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC -- Ignore unavailable to you. Want to Upgrade?


To: ztect who wrote (22)1/10/1999 2:03:00 AM
From: chalu2  Read Replies (1) | Respond to of 1150
 
Thanks.



To: ztect who wrote (22)1/10/1999 6:01:00 PM
From: Jibacoa  Read Replies (1) | Respond to of 1150
 
Congratulations on your good work.

I first bought RRRR (then ICGN) last April when the news about the purchase or Rare Medium came out. Sold at 5 3/4 in May for a good profit, when the stock broke below the 10 day average.
I bought back on October 29 when the price got above the 10 day average at 2.
The stock now appears to be on a near term UPTREND.
The 10 day average got above the 25 day average on Friday and the 50 day average is below at 3 3/8.
There was an 1/16 up-gap on Friday, but if the stock closes above 5 tomorrow, it seems headed to test the April highs in the next 10 to 14 days.The volume Friday was 4x Thursday's volume.All daily volumes above 1/2 million, since last April, have been on the upside.
On the long term chart the stock is above the 10 week, 25 weeks and 50 weeks average, but still not on a long term UPTREND. If it keeps the present momentum, will be there this week.
Good luck to all.