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Technology Stocks : Mortgage.com, Inc- (Nasdaq: MDCM)
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To: Softechie who wrote (310)9/8/1999 1:45:00 PM
From: Van Nguyen  Read Replies (2) of 516
 
Don't be so complacent. Technically, MDCM has reached 18 3/4 three times in the last 5 days, but couldn't break, despite the ending period and 2 upgrade so far. Unless it closed above this resistance, otherwise it will be very bearish (triple tops) and can drop back to 12 within a few days. Besides, the volume is diminishing and now MDCM is near its low of the day (may be gap filling before shotting up, may be trend reversal)
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