AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 20.90

+1.1%

Feb 6 9:30 AM EST

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To: ahhaha who wrote (20798)	4/12/2000 9:58:00 PM
From: E. Davies	Read Replies (2) of 29970

96% of the trades in the last hour were on down ticks but they didn't make much headway. It was nice today to be able to easily buy at bid yet not worry that the stock would fall out from under you. Made for good trading. What it means to me is that the stock is in an area of heavy resistance. I also played the resistance levels of 32, 27 1/2, 26 1/2, and now 26. What I find interesting is how the resistance levels are getting progressively closer and closer together. I bet the next one is 25 3/4. If 26 (or 25 3/4) holds in the face of the selloff we will see sometime tomorrow then I'll be very hopeful. Eric

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