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Technology Stocks : Red Hat Software Inc. (Nasdq-RHAT)

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To: Tom Hua who wrote (1468)7/20/2000 12:24:20 PM
From: marcher  Read Replies (2) of 1794
 
Tom, what's your take on the rhat chart here. it looks strong to me--yesterday bounced off support at ~25 and has retraced 1/3 of recent move to 28.5. it's at 26 and my guess is it will see 28 soon (if market holds) with good chance of testing 30. if that's a cup/handle forming, 34 may be touched.

--Marc
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