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Technology Stocks : Broadcom (BRCM)
BRCM 54.670.0%Feb 9 4:00 PM EST
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To: Obiwan Kenobee who wrote (662)1/22/1999 9:55:00 PM
From: TA Trader  Read Replies (1) of 6531
 
Technically speaking trendline support is in area of 110 and rising. 50 MA is 111 and rising. Todays low of 114 and yesterday of 115 could have been the bottom on this decline. Remember we were up today with the DOW down 142.! Stochastics at oversold level. What's neded? Simple. A great quartelyr report. Based on SFA quarter, it should be in the cards. I expect a huge quarterly report and this should occur with a market bottom Monday or Tuesday. In short, all is in place for a sharp move up. Stock is also ripe for a split. Earnings Tuesday.
WHAT A COUNTRY!
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