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Technology Stocks : 3Com Corporation (COMS)
COMS 0.00130-18.8%Nov 7 11:47 AM EST

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To: thebeach who wrote (31688)6/19/1999 1:46:00 PM
From: Mang Cheng  Read Replies (1) of 45548
 
thebeach, which Tim Luke are you talking about ? The Si's Tim or the Analyst Tim ?

I read the coms chart and it looks GREAT ! Stock price had been up for four days and the vol is picking up successively. Price bounced off $25 for three times in the last couple months which is a good sign. On Balance Vol is picking up indicating buying is coming back. MACD and money flow are all turning positive.

13 dma is crossing both 26 and 50 day moving averages which is bullish. But overall coms is still in a congestion area and needs some bigger jump to break out.

$30 is a strong resistance and if we break thro' that one on Monday or Tuesday, a good earning will carry us to $35 in no time.

Mang
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