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Biotech / Medical : Chromatics Color Sciences International. Inc; CCSI -- Ignore unavailable to you. Want to Upgrade?


To: Peter Goss who wrote (5122)5/27/1999 12:14:00 AM
From: Jeffrey L. Henken  Respond to of 5736
 
Technically the stock broke down yesterday. Those short on the stock can take heart in that fact. Today the sell off was met by strong buying. Those long on CCSI can take heart in that fact. Lets see what Market Edge says about the technical condition tonight?

Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a STRONG UPWARD TREND
Relative Strength is BULLISH
Up/Down volume pattern indicates that the stock is under ACCUMULATION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is rising which is BULLISH
PRICE IS UNDER SUPPORT OF 11.50 WHICH IS BEARISH

RECOMMENDATION

STOCK IS A BUY

Wow, something for everyone!

LOL, Jeff