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Technology Stocks : LTX Corp. (LTXX) -- Ignore unavailable to you. Want to Upgrade?


To: E. Graphs who wrote (1521)5/31/1999 5:22:00 PM
From: Duane L. Olson  Respond to of 2126
 
Hi, E! And where do we look for resistance now? I'll go look at some longer time frame charts...seems to me there were some possible points around 11 or so. Meanwhile:
beta.iqc.com
Like, WOW! Isn't that the kind of chart you like, E!? Volume picking up, RSI really gaining strength; stoch is a series of higher runs; even the MACD has broken above the red line again, seemingly indicatiing still more action to the upside.. What's not to like?
Well, this isn't as good a chart as you usually find:
quote.yahoo.com But it makes one want to see if there isn't considerable resistance possible around current levels, then just above 10, and finally, the grand-daddy up near 14. Would that go along with your thoughts from here, E! ?
As for gaps...do you count it as a true gap if the "gap" occurs below a previous high point in a rising cycle?
We need a little work here...I'll try to get back at it and see if I come up with anything else. TA-anon hasn't been heard from lately; but your thoughts are more important to me anyway..so let us know if something significant becomes evident. Cheers!
tso



To: E. Graphs who wrote (1521)5/31/1999 5:31:00 PM
From: Duane L. Olson  Respond to of 2126
 
Hi again, E!... over on BigCharts, the 5-year on LTXX looks a bit more clear to me... Don't know if the link will reproduce, but you can punch in LTXX and go 5 year to see what I mean....
bigcharts.com
Next resistance does appear to be around 11 on the BigCharts offering...and then the big battle up at 14. Current point does not seem to offer the resistance I thought I detected on other charts...so scratch that TSO red herring... Other than another run at PSUN, I'd enjoy, more than any prospect, riding LTXX to that mountain at 14 --whatcha say?
tso



To: E. Graphs who wrote (1521)6/9/1999 2:45:00 AM
From: Duane L. Olson  Read Replies (1) | Respond to of 2126
 
E! Come back over to the LTXX thread and give us a hand....please. Are we going to mark any time here at 11, as a guess?
I can't see any negatives to the pattern, but the Bollinger Bands are getting stretched a bit beyond normal (QUITE a bit beyond normal), because we have ascended "too" rapidly here after breaking 8 1/4 (Not a complaint, you understand) <GG>...
beta.iqc.com
Have you seen any other fundamental info to cause this excessive speedup in the ascent? -- Mike inquired, and I looked around, but came up dry.... LTXX could update their home site, I note....
Any thoughts are welcome....I have more than a ton of this little fellow now.... It was one of only 3 stocks up today, and my account was positive...(!)... Isn't life fun?
tso