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Parker Drilling Co. Message Board

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  • DreamMaster5_4 DreamMaster5_4 Sep 8, 1999 5:58 AM Flag

    Money flow???

    RSI (Relative Strenght Index) at 66% on September
    6, 1999,
    up from 6% on June 1, at a price of
    $3.00, that represents a 60% increase in 3 months, PKD
    continues to not only improve now, but also now outperforms
    over one-half of the stocks in the NYSE universe
    (cranking out 20% gains on a monthly basis like time clock
    in internet fashion....LOL
    Should this trend
    continue we could be at an RSI of 100% by late September
    see a price of $6 1/2, and $7.00 in October.
    This
    concludes my technical view for this month.

 
PKD
2.24-0.210(-8.57%)Jun 24 4:04 PMEDT