SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: David H. Zimmer who wrote (7478)6/30/1999 10:22:00 AM
From: Scott Williams98  Read Replies (2) of 20297
 
Not so fast...

We've had some pretty heavy duty damage over the past week, and I don't expect CKFR to pop right back up to the $40's as quick as it came down (although that would be real nice...I'm back in at $25.69).

Yesterday certainly showed the POTENTIAL for a reversal, but it wasn't a real strong one. Could it have been a "dead cat" bounce? That $25.00 support level held nicely (for now). The 200 DMA could be resisitance on the upside for now (around $29.50).

Just a little scepticizm on a very bullish thread...(that's healthy, right?)

Best of luck SCOTT
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext