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Technology Stocks : All About Sun Microsystems

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To: Carmine Cammarosano who wrote ()5/17/2000 10:00:00 PM
From: techtonicbull  Read Replies (2) of 64865
 
Very bullish report from "The Bullmarket Technical Report"

SUN MICROSYSTEMS (SUNW, $87)

We have a BUY signal from Relative Strength Index Peak, Price Rate of
Change Crossover, and Trading Band Crossover trading systems.
Additionally, there is a positive MACD Crossover. We look for Sun to
trend higher, up to its short-term resistance level at $94 where we have
our target.

ACTION: Buy SUNW if the Nasdaq futures are positive before the open.
Otherwise look for an entry after any early morning pullback. We have a
target of $94 with a protective stop set at $83.

Chart: bull-market.com
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