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Technology Stocks : Xicor ?
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To: stock talk who wrote (2371)7/27/1999 3:06:00 PM
From: jeffbas  Read Replies (1) of 2920
 
To each his own. I think it has been in an uptrend since completing the first major correction from $5 to $3 1/2. It bounced off 3 1/2 very sharply the same day and retested that level again the next day.
It tested a higher level of $4 the day of the earnings release, and appears to have successfully retested that level yesterday. I think
when Steve said any pullback should be bought he meant the $4 level.
He is almost never wrong on trading recommendations.
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