C-Cube Message Board - Msg: 2217238

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : C-Cube

CUBE 35.40

-1.8%

Jan 2 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Philipc who wrote (22699)	9/18/1997 6:48:00 AM
From: CPAMarty	of 50808

the following is post from Trace over at the Motley Fool I agree with DOW6000. Break $28 and ~$25 looks like next support on the chart. This stock struggled in the $23-25 area for nearly a month 07/24 - 08/19/97 before finally moving up to the $30s. It blows that CUBE closed below $30 for the first time in 3 weeks yesterday in such a powerful tech rally. Makes me wonder whazzup wid dat? The 200-dma is at $27.76, but I doubt it will provide any support because it is STILL in a 14-month long DOWNtrend. The 50-dma is at $25.65 and I'm hoping that will give us a bounce on any test. I bought at $20 on the TA and I'd hate to have to sell on a 50-dma breakdown because it is so near to a support level. I don't have a huge tonnage in this one like I did at the beginning of the year, so I'm much more relaxed about the price action. Probably hold through anything north of $22 just for edutainment. End quote from Trace Don't forget that tommorrow is tripple witch day and alot of money managers would like to see the stock under 30 until then because of the calls they have written

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next