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Technical Market Report includes American Software, Advanced Power Technology & Mahanagar Tel Nigam Ltd.

0 Comments | M2 Presswire, January, 2004

M2 PRESSWIRE-5 January 2004-Pinnacle Resources LP: Technical Market Report includes American Software, Advanced Power Technology & Mahanagar Tel Nigam Ltd.(C)1994-2004 M2 COMMUNICATIONS LTD RDATE:01052004 PINNACLE RESOURCES TECHNICAL MARKET UPDATE U.S. stocks opened higher, rallied to new 52-week highs in the morning, but then reversed and closed lower on increasing volume.

Friday`s moderate volume session pushed the DJIA to another 18-month high price before the mid-morning reversal and left the DJIA, SPX, and NDX resting on minor support levels suggesting that the NDX will likely test support at the previous breakout level of 1452 before the rally can continue. The following stocks appeared on the most actives lists on US stock exchanges and showed...

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