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Technology Stocks : SYQUEST
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To: TheInvestor who wrote (4174)10/10/1997 4:44:00 PM
From: Rocky Reid   of 7685
 
Volume: OVER 26 MILLION Closing Price: 5 11/16 VERY BULLISH

The close near the high of the day (5 25/32) is a very BULLISH sign heading into next week. The monumental amount of volume only adds to this fact. Rest assured, there will be shakeout attempts, but the $5 support level held very well late today. The next major resistance isn't until about 6 1/2. Something tells me we will see if it can break that as well real soon. This much volume leads to the thought that some Institutions were jumping on board, as well as individuals. And, most of the 26 MILLION shares today were traded ABOVE $5. VERY VERY BULLISH.
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