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Biotech / Medical : SNRS- Sunrise Technologies -- Ignore unavailable to you. Want to Upgrade?


To: bert100 who wrote (2234)3/26/1999 9:02:00 PM
From: HeyRainier  Respond to of 4140
 
Bert,

"...what does your chart tell you for the next month or so."

While the stock is still maintaining its market-outperformance status, its momentum strength and accumulation streams have recently eased somewhat, and therefore is hinting a cautious note. They have tended to be leading indicators of performance, but are not entirely reliable until a greater number of indicators verify its signal. The price recently hit some trend boundaries and has failed to break past them, suggesting a current lack of demand at this time to change the overall tone of the stock.

Given the intermediate term trend, SNRS appears to be trying to ease out of its recent decline from its peaks, therefore, a little patience here wouldn't seem unreasonable given current conditions.

Regards,

Rainier