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Technology Stocks : Phone.com [PHCM]

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To: Nick who wrote (955)3/9/2000 10:51:00 PM
From: NucTrader   of 1080
 
bigcharts.com chartpattern.com
I'm not an expert in this. Looks like it could be forming the handle. The caution in chartpattern about the cup and handle being most powerful coming after a big general market correction or mid-way in a run is a cautionary note, as we may be closer to the end of a market up cycle. As to when to buy? Old high was 175, so handle shouldn't be any less than 166. It closed at 169. If it starts moving sideways here, could be the buy (provided the overall market doesn't tank first). Best opportunity was probably on the move to 155, but that is retrospect. Could be explosive from here after sideways movement? GOOD LUCK!
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