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Technology Stocks : Macromedia...making a comeback? -- Ignore unavailable to you. Want to Upgrade?


To: Cleo who wrote (2448)4/4/1999 2:08:00 PM
From: neverenough  Read Replies (1) | Respond to of 2675
 
I sold my shares last month at 32. Although I made a nice little profit, I missed the latest surge to the 40's. This little pull-back looks like a good buying opportunity to me.

Here's some canned TA,

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Second Opinion - MACR
04/05/99
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Symbol: MACR
Name: MACROMEDIA
Exchange: NMS
PRICE ANALYSIS Close 42.38
Open 45.00
High 45.63
Low 42.00
Change -2.93
YrHigh 46.06
YrLow 12.31
Mo Chg (%) 30.9
Resistance N/A
Support 38.67
SELL STOP 34.93
Volatility (%) 5.4
Position 73
ADXR 30


OPINION C-Rate 0.0
LONG
03/22/99 39.13


VOLUME ANALYSIS Volume 7500
Ave Vol 6960
Mo Chg (%) 10.0
U/D 1.3 Slope UP
Obv BL
Pos Obv BL
Neg Obv BL
MFI 75 Slope DOWN




TECHNICAL ANALYSIS Alpha 0.43
Beta 1.37
MACD-ST BL
MACD-LT BL
50-Day R.S. 1.11
10-Day M.A. UP 101
21-Day M.A. UP 110
50-Day M.A. UP 123
200-Day M.A. UP 175
STO(Slow %K) 73
STO(Fast %K) 31
Wilders-RSI 60
OBOS -1
Bollinger Bands 41
RSV 96
POWER RATING 83


SCORE = 0


Quick Help

COMMENT

Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a STRONG UPWARD TREND
Relative Strength is BULLISH
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is rising which is BULLISH
LOOK FOR SUPPORT AT 38.67

RECOMMENDATION

STOCK IS A STRONG BUY