billdaly; i never used investtech; is this link that you refered to:
why i've got different comment than yours above?
my chart is simple; draw one month chart; the isys performance is still poor!
Has fallen 83% since the peak on 11 Jun 2002 at 103. Is within a falling trend. Continued negative development within the trend channel is indicated. Has had a strong fall after the negative signal from a double top formation at the break down through the support at 27.50. The objective at 20.91 is now met, but the formation signals further development in the same direction. The stock is approaching the support at p 16.00, which may give a positive reaction. High risk with an average difference between the lowest and the highest price of the month of 54%.
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billdaly - 30 Dec'03 - 22:32 - 33833 of 33833
BTW - looking at the right hand chart above, can anybody else see a skewed double bottom?
Investtech have signalled it!
Has fallen 53% since the peak on 8 Sep 2003 at 37.50. Shows a weak development within a falling trend channel. A further negative development is indicated, and there is resistance against the ceiling of the trend channel. It, however, gave a positive signal from a double bottom formation at the break up through the resistance at 17.23. Further rise to 18.18 or more is signaled. The stock is testing the resistance at p 18.00. This should give a negative reaction, but an upward breakthough of p 18.00 means a positive signal. High risk.
aggressivefund - what about ATK? The mug who sold that big time last year must have been sacked, surely.
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