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Technology Stocks : All About Sun Microsystems
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To: Charles Tutt who wrote (11557)11/4/1998 7:12:00 PM
From: Christopher  Read Replies (1) of 64865
 
SUNW is ready for another move. Its technical chart is very strong.
It has created a pennant during last five days. In the third week of
October SUNW created five days pennant and moved in price from $52.50
to $58.75 in four days. I expect it to move up at least by about
$4 in the next few days, may be more. Pennants are very reliable as forcasting tool. Pennant are an indication of continuation of intermediate trend which SUNW has started on 10/09/98.

Good trading to all.

Christopher
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