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Technology Stocks : Meade Instruments Corp MEAD

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To: Bosco who wrote (111)3/29/2000 3:42:00 PM
From: Walkingshadow  Read Replies (2) of 175
 
Bosco,

Noworries. As I write this, MEAD is up about 10% on the day, and held it's own all day, and looks headed for a strong finish going into the last 20 minutes of trading. These are all good signs, of course. This chart is shaping up very nicely, but the crucial test of overhead resistance at 70 is still to come........ so far, the stock looks technically strong to me, and so I'd say that it will most likely successfully penetrate overhead, provided volume remains fairly strong. We'll see soon enough......

JMVHO........

Walkingshadow
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