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Technology Stocks : Wind River Systems - Technical Analysis

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To: Ramsey Su who wrote (390)2/12/2001 1:06:29 PM
From: Peter Church  Read Replies (2) of 431
 
Ramsey, Here's my prediction:

The stock price will fluctuate for awhile until it finds it's trend.

REally, I could make the hypothesis that a large buyer is supporting the stock at 31. Interesting that they didn't let it fall to 30 this time. Perhaps someone caught a short seller in the act and is trying to drive (him) into a covering stampede. I would say this looks great so far for a short term run into earnings and a rally today into the close. The proof will be forthcoming.
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