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Technology Stocks : Neomagic Corp. (NMGC) -- Ignore unavailable to you. Want to Upgrade?


To: James Wright who wrote (2846)4/14/1999 6:31:00 PM
From: vincenzo  Respond to of 3645
 
James - You may get a quick re-entry. If neo behaves true to form, it will close Friday just below $12 1/2. Don't ask me why. That's just the way Neo acts on expiration week.

Been down so long, it feels like up to me.

vincenzo



To: James Wright who wrote (2846)4/14/1999 6:32:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 3645
 
Good for you Jim. You are right in my opinion as to the next possible resistance point in the $14's then around $17 area.

Here is a like for all to see that you give you some idea of the possible support/resistance points on NMGC.

dailystocks.net

Good trading to all and regards,

Bill Fortune III



To: James Wright who wrote (2846)4/14/1999 9:48:00 PM
From: Lawrence Burg  Read Replies (1) | Respond to of 3645
 
Ordinarily, I'd back you & Bill up on the resistance levels; the 200DMA & $14 support in early February. However, NMGC seem to have little respect for the 200DMA lately...kinda winks on the way past...

I'm here because of a volume alert a few days ago, and outstanding building momentum. Check this...http://www.iqc.com/chart/multichart.asp?w=600&period=180&time=day&chart=bar&chart1=bb&i0=2&i1=6&i2=8&i3=3&s=linear&symbols=NMGC

Higher peaks & troughs on the RSI, MACD & Stoch.
Note the MACD crossing up through 0.
The +DI (green) diverging strongly & bullishly up from the -DI (red).
Four big green volume days.
Wish I could show you the Bostian's A/D...:o)

I don't expect to crest the previous run to $23+, as there was more pronounced weakness on the pullback the last 4 months. But, I don't expect to hit resistance for more than a day or two at any specific price for a few points going up, either.

Sorry for the hype, but a few of us are trying to perfect some screens for multi-day momo stocks, and NMGC has been standing out among the top for about 3 days. Got on board today just over $13 & just over $14.

We shall se...