Corel Corp. Message Board

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Technology Stocks : Corel Corp.

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To: Hawkmoon who wrote (9527)	8/18/2000 10:24:49 AM
From: Hawkmoon	Read Replies (2) of 9798

Although I expected a bit of a gap-up following the news of MC's resignation, it appears that CORL was a bit overbought at that time. We're retracing back down to $3 1/4 and backing and filling that gap and we're seeing the bid increase and TA indicators now indicating an oversold condition: siliconinvestor.com Daily, and especially the Weekly, chart indicators remain intact and we could see some upside beginning later today and next week now that options expiration has passed. siliconinvestor.com Check out the open interest in the Oct calls. Nothing to freak out about, but certainly interesting given the strike prices that have decent open interest. Regards, Ron

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