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Non-Tech : LCS Golf (LCSG) -- Ignore unavailable to you. Want to Upgrade?


To: scouser who wrote (367)3/6/1999 2:57:00 PM
From: Alex SvS  Read Replies (1) | Respond to of 626
 
Thanks a lot Scouser. I've got some amateur T/A I'd like to share.

If you go to bigcharts, or any other 3 month chart, the stock looks like it has been building a very sold base between .75 and $1 for the last 2+ months. The stock occillates back and forth in that range. If it kept to that pattern, we would have topped out at about one and crept down to the low .80's, but the stock tore through that resistance very convincingly Friday, closing at $1.21. It is my understanding that the old resistance should now serve as support.

Anyone have thoughts on:

1) Next resistance level? My guess $1.50

What kind of volume we'll need to bust though?
My guess: We'll need 800,000 to 1 million + shares next week.

What needs to happen to retest and pierce old highs near $1.75?
My guess: 1.3-1.5 million shares and news.

Does anyone's T/A tell them where this recent up move is headed ultimately?
Me: No guess.

Alex



To: scouser who wrote (367)3/8/1999 12:05:00 AM
From: Stock Watcher  Read Replies (1) | Respond to of 626
 
scouser; on LCSG; really interesting technical analysis on link; this member really knows what's he's doing and the indicators look very encouraging ! sw



To: scouser who wrote (367)3/8/1999 9:19:00 PM
From: scouser  Read Replies (1) | Respond to of 626
 
Here's the reply I got re items, 1 and 2 from clearstation.

This is going to be replaced in the next few weeks by the 3-Point View. The
3-Point View is written in more understandable English and the messages have
more meaning. I really wouldn't worry about understanding these messages - if
you can read the graphs (and it seems like you've picked that up well) you
should be fine.