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Technology Stocks : FORE Inc.
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To: Secret_Agent_Man who wrote (3458)5/29/1997 4:29:00 PM
From: Wallst10   of 12559
 
That's what makes a market. Everyone can look at the same chart and come up with a different outlook. My work shows this stock will not penetrate resistance till is gets through 17 1/2 to 18. If it does it could be a ride to 25, and that is possible. However, it appears to me that there is not enough strength push it past that area. There are a lot of technicians out there who play stocks like this on a breakout above a moving average. Fore broke above the 50 day line yesterday. That sucked a lot of money in today, I just do not believe it will keep going.
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