AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 20.73

-1.0%

3:59 PM EST

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To: Steven Ivanyi who wrote (17072)	11/17/1999 1:44:00 AM
From: FNS	Read Replies (1) of 29970

Steven, re your statement. I use a P&F Chart. ATHM had a hi of 50 in Oct. and subsequently tanked to 38; climbed to 41 and dropped to 37; then up to 46 and fell to 42...and today 2T'd at 46! Re: <<If it breaks 50, it could go a lot higher, but from what I can gather the resistance is quite significant.>> Well, not sure what your position is...! But 50 is also a 2T and 52 is another old top...the important point is that 51 would be a major breakout since it reverses the trend to positive. Yes, there's resistance up the line but I suspect that this could be chewed up as it approaches the 67 range by mid '00! How's that for a target? FNS

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