Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 5.410

-2.5%

Nov 19 3:59 PM EST

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To: dave turliku who wrote (19308)	7/9/2000 9:47:09 AM
From: Skiawal	Read Replies (2) of 21342

Dave, Any thoughts on this post from Clear Station? <NLM you may be right 2 1/2 weeks ago i bought at $14 3/4 for my ira, with a 2-5yr time frame and a 300% target gain, but heck 30% gain in a few weeks, after the bashing i took in the spring i'd like to book a few wins... will decide over the weekend. what's interesting about your call is even after today wstl is still in a defined downtrend- you can draw a straight line down from the double top price of $38ish to mid may price recovery point at $28, right to todays close at $19. one of 2 scenarios should unfold 1) break downtrend price point of $19 which would create a higher basing channel and eventual uptrend (bad for short) 2) hit its head at this price point and consolidate lower. my guess is that you'll probably have your anwser sooner rather than later. visit this discussion later as it unfolds > clearstation.com I think the Daily and WEEKLY charts look great and nice to see the MACD lines cross...However, as we all know, I am no chart expert...novice at best!

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