How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 478.53

-1.0%

Dec 12 9:30 AM EST

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To: Dave who wrote (50450)	10/2/2000 10:23:17 PM
From: TraderMERL	of 74651

MSFT and Gaps. I read somewhere that the target price for a stock can be ESTIMATED by measuring the distance from the breakaway gap to the continuation gap for a stock and then tacking this distance onto the continuation gap. For MSFT the breakaway occurred at 96, the cont at 72 which would place a target of $52 on MSFT. Does anyone agree with this? Does it make sense?

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