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Technology Stocks : PHTN--Photon Dynamics, anyone follow this company

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To: Steve168 who wrote (895)9/28/2000 10:50:06 AM
From: nasdaqian  Read Replies (1) of 930
 
I've got my fingers crossed for ya. I bet it's oversold here and will rebound, maybe back to the low-50s at most would be my guess. If you look at the two recent high pivots, the prior bumped up against the 200 day MA and the last turned at the 50 MA. Now the 50 and 200 are converging at the low 50s so if that provides some TA logic to my WAG...

On the other hand, it could keep dropping in the direction of its recent general trend.

Me, I'm a little chicken as usual, but I'm pulling for ya, big guy.
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