C-Cube Message Board - Msg: 11110475

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Technology Stocks : C-Cube

CUBE 38.89

+2.3%

3:59 PM EST

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To: OZ who wrote (44176)	8/30/1999 7:02:00 PM
From: OZ	Read Replies (2) of 50808

*TECHNICAL ANALYSIS for CUBE* Well here we are as predicted. CUBE is now testing the mighty 200 day moving average. Touched it today and bounced up some as a matter of fact. The price action of the recent past was a no brainer. NOW is when it will get more interesting. If CUBE were to stage a turnaround anytime soon, the 200 MVA is where it would occur. CUBE has been down 4 days in a row and a bounce off of the 200 will probably occur by wednesday. Then it will test the 28 resistance level and come back towards the 200. If the 200 fails to hold, then it is down to the 24 support level (which offers little help at this point) and will continue down to the 18-21 level which I think should be the bottom. The biggest question and hope as I stated in other post is the support at the 200 mva which is ABOUT the 26 price level. Good Luck, OZ

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