To: Tomato Man who wrote (11580 ) 3/23/1999 10:08:00 PM From: MskiHntr Read Replies (1) | Respond to of 15313
Good evening, Tomato, saw your TA and had to look for myself, pictures do tell more at times. From a 2 year perspective FNTN looks OK. 1. Moving average is being approached from the underside and the daily price should intersect in a few days:tscn.com 2. The MACD is turning up and with a nudge in the price over $0.90, I think, we may get the cross over which would give a short term buy signal:tscn.com 3. Momentum as you point out is rising, slightly lagging the MACD, but it appears that both indicators will cross the signal line almost together:tscn.com 4. Stochastic, you must be using one with a faster period, as the one that is embedded in TSCN's system hasn't yet turned positive but it does appear to be turning up: tscn.com 5. Wilders RSI has bounced off the oversold line and it appears that FNTN is currently in the 40% or so range and climbing:tscn.com 6. On Balance Volume, an indicator that Laslo Birinyi likes. For all the questions that have been posed, all the negatives that have been cited, all the management faux pas, it does not seem to have deterred the quiet, persistent accumulation of shares. I know we have some big hitters on SI, but I don't think thread members have put away this much stock over the months. As of today's close the OBV is at an all time high:tscn.com All in all, TMan, the TA looks pretty good. The last few days, as you have pointed out, have all had consistently higher than average volume and the price has remained steady to higher. Let's hope that whoever is accumulating these shares has a continued appetite. Of course, any kind of news from either FNTN or Siemans would be icing on the cake. Keeping the faith. Best, Joe