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Technology Stocks : AWARE
AWRE 1.810-2.2%Jan 30 9:30 AM EST

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To: Peace who wrote (209)7/10/2000 1:30:16 PM
From: jghutchison  Read Replies (1) of 2404
 
For those following TA, we had a breakout today on a classic William O'Neil cup & handle formation.

Projections are for next resistance at the 66-69 level, which happen to correspond with the last cycle high.

The trading strategy would be to sell, or hedge on trend reversal at resistance, or alternatively, add to your position on a breakout above the resistance level, provided the breakout occurs on higher than average volume.

Vrta is up 14%, responding to a BoA upgrade and $150 target. Efnt is up 7%. Sector doing well, technically speaking. Edge access stocks are continuing to gain momentum, as this is the fastest growing sector in the economy.

Jack Hutchison
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