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Technology Stocks : e.Digital Corporation(EDIG) - Embedded Digital Technology
EDIG 0.00010000.0%Mar 20 5:00 PM EST
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To: Tinroad who wrote (16955)1/8/2001 2:17:12 PM
From: Jon Tara   of 18366
 
You were referring to the EDIG stock price, right?

Tinroad wrote:

"the jello continues its slide towards the floor."

So much for support at $2.80.

I admit it, I was wrong.

Technically (for those of you who beleive in TA - I know there are plenty who don't and you can ignore this...) EDIG was forming a nice "flag" just under $4. That just got destroyed, and now there is the danger of a move to about $2 on that non-confirmation. Many TA-based traders will take the non-confirmation as a "sell" signal.

I think it could find support at $2.25.
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