Bassam
24-11-2003, Mon 3:31 AM
1) OCA
Last : 6.88
Friday's very Bearish (down) move, forming a recent low, is accompanied by below average (80% of average) volume. Look for higher volume on the next day to confirm a continuation lower.
Short-Term Opinion: UNDERPERFORM
On a short-term technical basis, the trend is Bearish (down) and the stock is below its 50-day moving average at 8.36 which also confirms its Bearish (down) trend. The stock is extremely oversold according to the Stochastic indicator (8.42).
Long Term Opinion: HOLD
On a long-term technical basis, the stock (OCA) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 6.73 and 4.11. If the stock breaks down through support at 6.73 then it will probably continue lower to 4.11. The stock has resistance at 7.00 and at 7.71. If the stock breaks up through resistance at 7.00 then it will probably continue higher to 7.71. The 200-day moving average is at 7.73. This will also act as resistance. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 6.73 look for a rally to previous highs. The stock is extremely oversold according to the Stochastic Indicator (8.70).
2) MXT
Last : 3.94
Friday's Bullish (up) bar with low volume (60% of average) has no significant technical importance. This day's price action formed a Bullish Key Reversal which suggests the stock will go higher in the short term, but the desreasing volume suggests a lack of enthusiasm and the upmove may be short-lived.
Short-Term Opinion: UNDERPERFORM
On a short-term technical basis, the trend is Bearish (down) and the stock is below its 50-day moving average at 4.61 which also confirms its Bearish (down) trend. The stock is extremely oversold according to the Stochastic indicator (15.94).
Long Term Opinion: HOLD/SELL
On a long-term technical basis, the stock (MXT) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 3.72 and 3.02. If the stock breaks down through support at 3.72 then it will probably continue lower to 3.02. The stock has resistance at 3.96 and 4.24. If the stock breaks up through resistance at 3.96 then it will probably continue higher to 4.24. The 200-day moving average is at 3.96. This will also act as resistance. The stock's long-term uptrend has changed into a sideways or downtrend. In this case, the stock will either go sideways for a while or sell-off back to where it started prior to the latest big upmove. This is a risky time for the stock, so be careful. Use caution during times like these, as the stock will be more volatile. Pay close attention to the Short-Term and Daily Opinion. The stock is extremely oversold according to the Stochastic Indicator (24.22).
مطلوب من الاخوه ابداء الرأي.
كل واحد مسؤول عن قراره في الشراء والبيع .
Last : 6.88
Friday's very Bearish (down) move, forming a recent low, is accompanied by below average (80% of average) volume. Look for higher volume on the next day to confirm a continuation lower.
Short-Term Opinion: UNDERPERFORM
On a short-term technical basis, the trend is Bearish (down) and the stock is below its 50-day moving average at 8.36 which also confirms its Bearish (down) trend. The stock is extremely oversold according to the Stochastic indicator (8.42).
Long Term Opinion: HOLD
On a long-term technical basis, the stock (OCA) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 6.73 and 4.11. If the stock breaks down through support at 6.73 then it will probably continue lower to 4.11. The stock has resistance at 7.00 and at 7.71. If the stock breaks up through resistance at 7.00 then it will probably continue higher to 7.71. The 200-day moving average is at 7.73. This will also act as resistance. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 6.73 look for a rally to previous highs. The stock is extremely oversold according to the Stochastic Indicator (8.70).
2) MXT
Last : 3.94
Friday's Bullish (up) bar with low volume (60% of average) has no significant technical importance. This day's price action formed a Bullish Key Reversal which suggests the stock will go higher in the short term, but the desreasing volume suggests a lack of enthusiasm and the upmove may be short-lived.
Short-Term Opinion: UNDERPERFORM
On a short-term technical basis, the trend is Bearish (down) and the stock is below its 50-day moving average at 4.61 which also confirms its Bearish (down) trend. The stock is extremely oversold according to the Stochastic indicator (15.94).
Long Term Opinion: HOLD/SELL
On a long-term technical basis, the stock (MXT) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 3.72 and 3.02. If the stock breaks down through support at 3.72 then it will probably continue lower to 3.02. The stock has resistance at 3.96 and 4.24. If the stock breaks up through resistance at 3.96 then it will probably continue higher to 4.24. The 200-day moving average is at 3.96. This will also act as resistance. The stock's long-term uptrend has changed into a sideways or downtrend. In this case, the stock will either go sideways for a while or sell-off back to where it started prior to the latest big upmove. This is a risky time for the stock, so be careful. Use caution during times like these, as the stock will be more volatile. Pay close attention to the Short-Term and Daily Opinion. The stock is extremely oversold according to the Stochastic Indicator (24.22).
مطلوب من الاخوه ابداء الرأي.
كل واحد مسؤول عن قراره في الشراء والبيع .