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Technology Stocks : USRX

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To: damniseedemons who wrote ()3/28/1997 9:10:00 AM
From: thomas hayden   of 18024
 
USRX and 3COM will be down on Monday.

I don't want to start a new discussion on technical analysis, but I have been charting candlesticks on ROBOT and COMS( just about the same charts), and Friday was a reversal pattern on both stocks. On Friday USRX and ROBOT formed a Dark Cloud Cover, which is the opposite of a piercing line, and a trend reversal. I am not suggesting over the long haul that USRX and COMS are not going up, just that the short term rally from the low 50's to high 50's is done. We could have a couple of down days before we find support.

Tom Hayden
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