MMCLUB

[Naztrader]

TRPH...........................................................

Tripath Tech - TRPH. No. 3 percentage gainer on the casino today, setting a new 52 week high, currently @4.03 (No.'s 1 & 2 have less than 275K volume, so I'm discounting their moves at this point).

Tripath to Present at the Wall Street Analyst Forum Conference on September 17, 2003

http://biz.yahoo.com/bw/030902/25788_1.html


TECHNICAL OPINION - TRIPATH TECHNOLOGY (TRPH) - 09/15/2003

Daily Opinion: BUY
Monday's very Bullish (up) move, forming a yearly high, is accompanied by huge volume (340% of average), suggesting a continuation to further new highs. This is generally a very bullish sign. Monday's gap up in price suggests further new highs are ahead. This is an extremely bullish sign. Sometimes a stock will pause, or retrace for a few days to fill the gap, before continuing higher.

Short-Term Opinion: HOLD
On a short-term technical basis, the trend is Bullish (up) and the stock is above its 50-day moving average at 1.61 which also confirms its Bullish (up) trend. The stock is extremely overbought according to the Stochastic indicator (79.11).

Long Term Opinion: OUTPERFORM
On a long-term technical basis, the stock (TRPH) is trading above its 200-day moving average which implies it is in a positive trend.

The stock has support at 2.75 and 2.25. If the stock breaks down through support at 2.75 then it will probably continue lower to 2.25. The stock will meet resistance at 4.44 and 5.14. If the stock breaks up through resistance at 4.44 then it will probably continue higher to 5.14. The 200-day moving average is at 0.69. This will also act as support. The stock is extremely overbought according to the Stochastic Indicator (85.19).


Regards,



Naz