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


To: Curlton Latts who wrote (21929)5/2/1999 12:00:00 PM
From: Ram Seetharaman  Read Replies (1) | Respond to of 25960
 
Do you have records or data of which institutions are buying CYMI?



To: Curlton Latts who wrote (21929)5/4/1999 10:49:00 PM
From: Guy Gordon  Read Replies (1) | Respond to of 25960
 
"CYMI has based and will likely retry $30."

Nope. Note the lower highs in Feb, Mar, and Apr. The 50-day MA is trending down. Even the long term 200-day MA is only horizontal (not up).

The low today of 17 was right at the 200-day MA. If we bounce here, I expect 20 as the next high. More likely, we'll break the 200-day MA and drop to 15.

The momentum right now is down. And the shorts won't be covering until that turns around. Too bad, 'cause I'd really like to buy this stock again.