Aware, Inc. - Hot or cold IPO? Message Board

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Technology Stocks : Aware, Inc. - Hot or cold IPO?

AWRE 2.160

-4.0%

Dec 5 9:30 AM EST

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To: Elroy who wrote (6421)	6/2/1999 10:19:00 PM
From: Filippo Zucchi	Read Replies (1) of 9236

I know nothing about the fundamentals of the company, but from a TA standpoint it looks like a text book short at tomorrows open. It has broken thru the April low on what looks like 3x avg. volume, has crashed thru the 50 day MAvg. and both these negative breakouts seem to confirm the new negative trend (DMI) which was established 5 days ago. In addition both rallies off the April and May lows seem suspect (in hindsight) as they appear to be on decreasing volume. If I were to trade this one, and I won't because it is way too hyperactive, I'd short it with a target b/w $30 - $25 and a stop loss at $50. Remember, TA does not tell you what will happen or when, it simply tells you that, given the past, "it is more likely than not" that X,Y or Z will happen. It will be fun to trade this one on paper.

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