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Technology Stocks : Cymer (CYMI) -- Ignore unavailable to you. Want to Upgrade?


To: orkrious who wrote (21715)4/16/1999 5:57:00 PM
From: John M. McCann  Respond to of 25960
 
Jay,

check: biz.yahoo.com

For those technical analysts among us:

MACD (8, 17, 9) gave a buy indication today. Usually, a confirmation using stochastics or Wilder RSI, is needed for a valid signal. If CYMI closes above 17 3/4 on Mon or Tues, the Stochastic (10,9) would turn positive and a technical buy would be triggered.

My candlestick chart is still cautionary, but two false buy formations occurred last week. That's another reason I don't have much faith in candlestick charting. Some can read the tea leaves better than I, however.