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Arrhythmia Research Technology Inc. Message Board

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  • nazbear88 nazbear88 Aug 21, 2004 1:05 PM Flag

    I am a newbie:Why did this stock fall

    bubble; but it sould go test the 200-day which is around $20.

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    • Thank you for the simple answer on HRT's cumulative price dynamics. I would agree on it being bubble/mania status. As as far as your moving average test and resistance price level, I would ask you to be more specific. You say 200 at $20 and through induction you are talking about the 200dsma. I would caution any novice investors to understand there are other price levels I would do a stock checkup at before HRT test's $20 and the 200dsma. The 200dema is around $14.50 and HRT has not closed above the 100dema of 13.75. Price wise, the last daily peak was at $14.92 so I would want to see the stocks find support above $15 and next at $17 before a test of $20.

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