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Technology Stocks : America On-Line (AOL)
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To: Steeny who wrote (22897)6/17/1999 4:40:00 PM
From: Novacal  Read Replies (3) of 41369
 
Steeny,

AOL closed slightly above its 100 EMA. I agree with you about next resistant levels.

1. The Money flow index (13) is still sidelining and has not formed a bullish uptrend.

2. The volume for the last up three days are less than for the previous three down days and also today volume ended up less than yesterday.

I would say although we are getting out of down trend, we need more volume to establish a real uptrend.

Nova
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