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Technology Stocks : Siebel Systems (SEBL) - strong buy?
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To: Boplicity who wrote (3686)7/27/2000 12:03:04 PM
From: Boplicity  Read Replies (1) of 6974
 
SEBL bounced right off support at 145 or so, I see the stock moving to around 160 if the market rallies, then moving back down. A break below 140, which is about near the 50 day moving ave., would signal a break of support. Once support is broken, then I see the stock moving to 135 or so, a break there would signal to me that the uptrend that was started in April bottom would be overwith and I would be more certain of my call for the need of 2 qr base building period.

greg
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