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Technology Stocks : IBIS
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To: eric lerner who wrote (264)6/28/2000 9:05:00 AM
From: ayahuasca   of 301
 
I think the stock will correct back to the mid-high 40's before moving too much higher. It has gone from 40 to 60 in a week. Looking at the charts, whenever IBIS gets this far above it's 20-day moving avg., it corrects before moving higher. If you see the volume dissapating that should signal the correction, however short-lived.

If the market is reasonably cooperative, I agree that IBIS should make it's way back to the 75 level this summer.
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