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Technology Stocks : America On-Line (AOL)

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To: Teresa Lo who wrote (22535)6/16/1999 10:45:00 PM
From: Teresa Lo  Read Replies (1) of 41369
 
Technical Update - AOL

America Online held support at $90 and bounced. AOL closed above intraday resistance at $99 to confirm that a bounce is underway. Resistance on the daily chart is in the $113 area where the downtrend line and the 20-day EMA sit overhead. We will watch this level carefully to see what happens if this is reached.
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