Forum Archive Index - March 2002
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[sharechat] INL - Sell
INL has closed below its current medium-term trendline, generating a Sell
signal. This was confirmed by a DMI sell signal, and by the Linear Regression
Slope falling below zero. These trend indicators all tell us that the
medium-term uptrend is over.
Technically, this stock is still in a long-term uptrend, so long-term holders
may choose to ignore these signals. Even long-term holders, though, may see
this as an opportunity to quit a stock that has been going sideways (or worse)
for two years now.
Phaedrus.
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