Broadcom (BRCM) Message Board

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Technology Stocks : Broadcom (BRCM)

BRCM 54.67

0.0%

Feb 9 4:00 PM EST

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To: waverider who wrote (4726)	11/28/2000 8:33:22 AM
From: edamo	Read Replies (2) of 6531

rick..."75 support holds" 80 has been a strong probability since the stock began its sell off....nothing on the horizon to slow its downward acceleration.....short term it is a bit oversold....longer term it still has downward momentum that can drive it sub 70........under severe distribution.....no substantial support until the sixties...... only saving grace would be an overall market event that would stabilize the share price.....from that point, the best price action would be an adequate basing.....look at a weekly or monthly chart it shows a trend better then a daily or hourly chart which offers at times trading indicators... good luck ed a.

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