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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: Teresa Lo who wrote (1855)	6/14/1999 6:08:00 PM
From: Teresa Lo	Read Replies (1) of 6531

Technical Update - BRCM Broadcom was in a test of top position but failed to gain momentum on this breakout and traders sold it on the assumption that it has failed at the high. Watch closely to see if the 20-period moving average, the red line, will provide support at $100. For more information on classic chart patterns and their measurement formulae, please refer to Edwards and Magee's Technical Analysis of Stock Trends amazon.com or John Magee's Analyzing Bar Charts for Profit amazon.com Charts have been posted to intelligentspeculator.com

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