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Technology Stocks : Digital Island,Inc - (Nasdaq- ISLD)

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To: Mohan Marette who wrote ()1/13/2000 11:35:00 AM
From: Michael Olds  Read Replies (1) of 1884
 
TA:
1. I do not think there is nearly enough history with this stock for there to be any strong indicators of anything at this time.
2. Allowing for the above, I see support at 70, 42, and 20.
3. As mumbo-jumbo as it seems to me, I have seen gaps close time and time again, and I would guess that this will happen here, given the lack of volume and the quick run up.
4. If there is a bounce off the 70, I would think that was a very positive sign and the time to add to one's position.
5. Big news invalidates everything; bad news points to the other unclosed gap at 38.688.
mo
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