WavePhore (WAVO)- VBI fed WaveTop for WebTV Message Board

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Technology Stocks : WavePhore (WAVO)- VBI fed WaveTop for WebTV

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To: John J H Kim who wrote (658)	10/1/1997 4:18:00 PM
From: Jeffrey L. Henken	of 2843

Well I wouldn't be too sure about which way it will go. However the TA service which I subscribe to would agree that now would be an ideal entry point. Personally I only use TA as a tool and not a method to divine future stock movements. I thought everyone might want a look at this from Second Opinion(Market Edge): etrade.stkwtch.com Moving Average Convergence/Devergence (MACD) indicates a BULLISH TREND Chart pattern indicates a STRONG UPWARD TREND Relative Strength is BULLISH Up/Down volume pattern indicates that the stock is under ACCUMULATION The 50 day MOVING AVERAGE is rising which is BULLISH The 200 day MOVING AVERAGE is rising which is BULLISH LOOK FOR SUPPORT AT 10.44 Stochastics indicate stock is OVERBOUGHT RECOMMENDATION STOCK IS A BUY; OVERBOUGHT; WAIT FOR PULLBACK TO INITIATE NEW POSITION

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