edusoft (EDUSF) Message Board

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Technology Stocks : edusoft (EDUSF)

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To: Frank Gasker who wrote (32)	6/20/1997 11:18:00 AM
From: Arik T.G.	of 272

Good work Frank. Here's T.A. to complete the picture: After almost doubling value in three days, breaking both down trend and $4 barrier in a flash, stock had to calm down a bit, checking to see if new $4-$6 enviroment suits it. Recent jump from $4 both reinforces 4 as good support and starts the new up trend. Jump from 2 1/2 to 5 cannot be considered as a start of a trend in itself, but new bottom @4 does confirm an up trend is forming. Indeed this would have to be supported by good 2nd Q nums to sustain. It is possible stock would trade over $6 before 2nd Q announcement (first and only change from May 15th T.A) but this would mean expactations are higher and co will have to deliver or else... Good investing Arik.

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