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[sharechat] OWN Chart


From: Phaedrus <Phaedrus@techemail.com>
Date: Wed, 29 Aug 2001 17:43:25 -0700 (PDT)


Peter,
       Owens has been in a long-term downtrend for over 4 years. Todays latest 
price (midday) is 95 cents. So long as the Close is somewhere near this figure, 
this would constitute a definitive trendline break, signalling the end of this 
long downtrend. To establish a new uptrend, the Close would have to be 96 cents 
or higher, to make a higher high (than the 95c of 8/6/01) after a higher Low 
(10/8/01) You must have been watching this stock very closely! 
 Note the significance of the +/- 95 cent level. This has been an important 
Support/Resistance level on many occasions in the past.
             Regards,
                        Phaedrus.

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