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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Angela B. who wrote (306)5/9/1999 10:33:00 AM
From: Venditâ„¢  Respond to of 19374
 
Angela,

Looking across most of the indicators NAVR looks to be neutral and will continue to run flat unless some type of big news release occurs. The chart below showing the ROC is showing a possible crossover for Monday. If this crossover happens then you can expect a renewed upward trend.

askresearch.com

The only worrisome thing I see is a stochastics sell signal where the fast moving average is contacting the slower moving average and a crossover Monday would confirm the sell signal. On the other hand the angles of the lines are not steep which would suggest that if a sell signal happens, you will not see much of a downward move in the price.

askresearch.com

The bottom line is don't expect a major move from it's present trading range next week.

Vendit