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Technology Stocks : Westell WSTL
WSTL 5.510-3.0%Nov 21 9:30 AM EST

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To: Lucky888 who wrote (18431)3/31/2000 12:21:00 AM
From: dave turliku  Read Replies (1) of 21342
 
Agreed re: $29 - if you look at chart, it looks like the $29 seems like aberration price/volume - either someone panicked, or someone manipulated the downward BB break - I recall ages ago, on a very light volume day, someone I know panicked and actually was responsible for a lower BB break on the hourly chart - all it takes is one poorly judged "market order" and the pirrannas can play.

Having said that, we paid for it technically last time (and bounced quickly), and I have little doubts that the pirrannas will test and play to make us pay the price this time. I am fairly confident however that the buyers will pounce.

One solid push below $30, and we hurt IMHO. Even a push to $30 could be a killer over the next little while.

All IMO.

Regards,

Dave
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