Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?

To: Seth L. who wrote (40737)	2/10/1999 11:02:00 AM
From: X Y Zebra	Respond to of 41046

Quickly as I need to go... 2.58 has been support for a while and it held (remember the bad news USAT)... indeed it held. We should hit 3.5 as it shows no resistance in between. I would say it is important we reach it, and hopefully base from there. MACD is negative, but has turned up... then again that's wishful thinking as the actual signal has not been given. (but it has improved). ADX... (at 34), falling on a short term down trend, meaning such trend is weak.... and again no signal yet, looking a bit better. DMI in positive territory, we need an the strength (as recently shown), and if the ADX line turns up, that may be our signal to give credence to the show of strength. The recent show of support and strength yesterday is encouraging... but NO GUARANTEES. Today is important as we must show "follow up". Same goes for Japanese candles, show of strength and some buying coming in.... but repeating, the follow up here is crucial. And remember this is 1/3 science, 1/3 art, and 1/3 voodoo never dogma. and yes, my opinion only. And do not forget this is a bb stock, extremely sensitive to news, then again... what else do we have to go by. as for fundamentals, most everyone know the story here. Must go... or I will get the SELL SIGNAL REAL SOON <g>