3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00220

+100.0%

Oct 31 9:30 AM EST

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To: Richard P. Roberts who wrote (32078)	6/23/1999 2:33:00 PM
From: AI Master	Read Replies (1) of 45548

Technical indicators look mixed for 3Com. Analysis of the rate of change of the exponentially smoothed average price suggests the completion of an uptrend. The rate of change is topping out and starting to decline. In this market this is a bearish indication that a reversal may occur soon. Closing prices have been increasing for the last three periods accompanied by increasing volume. This is a bullish indication of price strength that is often followed by further price increases. The stronger the increase in volume, the stronger the indication of further price increases. The Price Phase Indicator is moving to the upside. This is a bullish continuation signal showing that an uptrend is in place and that prices are more likely to continue to the upside than they are to drop. Good luck and happy trading! Rocky

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