C-Cube Message Board - Msg: 10110575

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Technology Stocks : C-Cube

CUBE 36.29

+0.7%

Nov 18 3:59 PM EST

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To: BillyG who wrote (42119)	6/14/1999 2:10:00 PM
From: Black-Scholes	Read Replies (1) of 50808

Here's some technical voodoo (my favorite:"resistance - NONE at current levels"): C-CUBE MICROSYSTEMS (CUBE) Technical Viewpoint: From a low of $18 1/2 on April 7, 1999 prices rallied, reaching a high of $29 5/8 on May 17, 1999. A decline saw prices pull back, reaching a low of $23 3/4 on May 24, 1999. Another rally saw prices penetrate resistance line "A", closing Friday at $31.94. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on April 20, 1999 when the Histogram crossed the “0” line to the upside. Support: Remains at $29 1/4. Resistance: None at current levels. Point & Figure: Reversed to the upside on June 7, 1999. A P&F downside reversal takes place at $30 1/2 Summary: Technical indicators have turned bullish. BUY! C-CUBE MICROSYS (CUBE-Nasdaq) @ $32 3/8 Stop: Use a protective stop of $29 7/8.

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