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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: marginmike who wrote (1275)11/19/1999 3:26:00 PM
From: J.T.  Read Replies (1) of 19219
 
marginmike, PIXR is finally coming out for the party next week. PIXR @ $46 5/8 and has been under heavy accumulation over the past several weeks.

It has finally broken thru and held previous resistance of $44 and this is now support.

I believe a H & Q analyst is going to mention this stock later this evening on CNBC after the bell. He is hot and bothered by this stock's potential to finally break-out.

It is above all of its moving averages and the party is ready to begin. Hold onto those Jan calls. My target is $75 by end of Jan.

This stock could get to $75 tomorrow if Jobs made the association with PIXR animation and the untapped way into the internet.<g>

Best Regards, J.T.

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