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Microcap & Penny Stocks : ADVR:THE NEW COMPANY...WITH A NEW LIFE...AND A NEW MISSION -- Ignore unavailable to you. Want to Upgrade?

To: OLD JAKE JUSTUS who wrote (3949)	5/12/1999 11:04:00 AM
From: Kingfisher	Read Replies (2) \| Respond to of 4891

Jake, I am not much of a technician when it comes to charting the price movements of a stock, nor have I been at all successful in conducting analysis and making projections concerning the future price of a stock. Further, I have been told [and tend to agree] that the charting techniques applied to exchange traded stocks and commodities are not applicable to bulletin board penny stocks. However, it should not be ignore that the present stock pattern for ADVR is very interesting in deed. It is very easy to observe that a one-year down-trend line beginning with a peak during May 1998 and connecting to peaks in March and early May of this year, will be significantly broken "IF" the stock trades at a value of between $0.32-to-$0.33 in the very near future. IMHO, this would be only an indication of an apparent increase in the strength of the stock to move higher in price and not a prediction for it to fly to the sky. All you can really say is that for ADVR to move significantly higher in price, then it will have to penetrate the observed trend-line to get there — which is rather a meaningless and innocuous statement.