Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Ashton Technology (ASTN) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Viapiano who wrote (814)	5/7/1999 1:29:00 PM
From: Sir Auric Goldfinger	Read Replies (1) \| Respond to of 4443

TA chart for ASTN: binary gap down to $0.50 after 10 day trading halt.

To: Paul Viapiano who wrote (814)	5/7/1999 2:10:00 PM
From: David Penfield	Read Replies (1) \| Respond to of 4443

You got one thing right with your TA BS, it is a falling flag. Forget adding the poles though and look at the stars on the flag. They form the big dipper, or URSA major, which is a bear. Therefore the TA BS is bearish and we should see 7 (the number of stars in the big dipper) pretty soon... Disclaimer: I am short ASTN for fundemental reasons and think TA as you present it is BS... TA/Chart pattern for ASTN... ...is a falling flag...a short 3 day pole and then a flag on less and less volume...if it follows the last formation it made in April we could see retracement to the 9 1/2 area...adding the length of the pole to the top of the pole gives a target of 21 1/2 on the next run...take a look at the one year or 6 month daily chart...a beautiful uptrend with expected pullbacks...both longs and shorts can profit from this...congrats to the shorts who have been in since the 12-14 area...now it's the longs turn...