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Assuming you're not blatantly promoting this stock and want true feedback,
what's the average daily volume on this stock (excluding the late-July
bump)? I can't tell from your scale, but it looks too thin to be able to
rely on traditional TA signals.
----- Original Message -----
From: Guy Gordon <gordon@xxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: September 17, 1999 16:19
Subject: Nice flag formation in CVSN
> Chromavision Medical Systems (CVSN) makes cellular imaging
> diagnostics. On 7/29 CVSN go FDA approval for their cancer detection
> technology http://biz.yahoo.com/bw/990729/ca_chromav_1.html , leading
> to a strong jump in volume.
>
> The stock chart from Oct '98 thru the present shows a very nice
> trendline support. From 7/29/99 thru present there is a resistance
> line forming a triangle (flag) with the long-term support line.
>
> I've already bought some, and am thinking of buying more. I'd like
> other's opinions on my chart. Bullish or not? (You'll note I've got
> a stop price set just bellow the support line.)
>
> http://www.white-crane.com/stocks/cvsn.gif
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