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Technology Stocks : Energy Conversion Devices

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To: Michael Latas who wrote (3898)	8/1/1999 1:12:00 AM
From: wily	Read Replies (1) of 8393

>> It should be interesting to see what develops with our stock on Monday. Will it continue with its upward movement with heavy volume, to a new 52 week high, or, will it slack off? That to me is the 64 million dollar question that should be answered Monday.<< ENER has an upward channel from June 16. It's high and close on Friday were both very close to the top of this channel. Were it to break out of the channel to the upside that would be a heads-up that we are in for a ride. More likely is that the stock will settle in and move higher within the channel. Note also that on Friday the stock also broke its long-term downtrend line on significant volume. I would construe that as very bullish. home.rochester.rr.com home.rochester.rr.com w

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