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Technology Stocks : American Power Conversion

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To: Candle stick who wrote (1069)3/18/1997 8:43:00 PM
From: Zanga56   of 2574
 
We are right below the 200 day(weighted) moving average. The average runs along the $21.75 level. There is the resistance. This resistance has been tested 5 times at the end of February and the price was pushed down. Now it's coming at this line of resistance again. If it breaks and moves above 22.5 as Candle said then we're flying high. We need some buyers to push this baby up. Right now there is no real volume. There is no selling and the smart money is slowly buying so they can get ready to start some rummors to drive it up.
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