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Technology Stocks : Concentric Network Corporation (CNCX)
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To: GHowe who wrote (174)2/18/1999 11:31:00 PM
From: Herc   of 377
 
CNCX came up on a bearish Candlestick screen today on the new and improved IQ charts. I see it has not fallen back with most other ISP's (mspg down around 20% and elnk down 30%). Plus it's 84% above its 200 day moving average. I think anything above 50% is asking for it. Plus some other technical indicators are indicating a demise.
In other words, with any more confirmation I would be shorting the stock.
You're welcome!
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