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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: LastShadow who wrote (1703)7/11/1997 12:17:00 AM
From: Alan DeVaney   of 120523
 
Mr Shadow :) Help me understand whats happening with NXTL - It appears to me that there is a big ole wall sitting there at 24. Yesterday NXTL backed up and ran hard at the wall and spent a little time at 25, then fell back ( 8,000,000 volume). Today right from the start NXTL fell off and saw 21.5 before ending the day at 22.5 ( 6,036,000 volume).

Can you look at this and give me your best. I believe it will break through 24 but will take another run before it does. Tomorrow I believe we will see a 1.5 point spread and end up right where we started .

Help

Alan
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