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Technology Stocks : CNKT - Connect Inc.

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To: HairBall who wrote (750)1/13/1999 12:41:00 PM
From: Andrew Martin   of 953
 
Heck yes it's a momentum play. Look at float vs. volume. The entire float has turned over above 9 this morning. That's a very good bullish indicator for forward momentum. Check the two day chart and look at the trend. It continues to hold support at higher highs and lower lows. Considering it is all happening on 2 mil. float means it can continue for some time on relatively slow trading. The trend shows this thing has some real suction to it.

I don't mess with the herd. I wouldn't be surprised to see it continue moving upward.
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