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Technology Stocks : USRX

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To: Jeffery E. Forrest who wrote (10870)2/10/1997 3:50:00 PM
From: stan s.   of 18024
 
Jeff, I agree with you. From a TA point of view there's no reason yet for panic.
The daily and weekly lower Bollingers are in the 62 range and offer some support. Combine that with the generally oversold state, (the RSI may also point toward oversold after today) of the Stochastics and CCI, a buy scenario should be the order of the day.
If the market doesn't tank, I expect a good week based on TA.
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