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Strategies & Market Trends : The New Economy and its Winners
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To: fedhead who wrote (10300)1/9/2002 1:16:56 AM
From: Bill Harmond  Read Replies (1) of 57684
 
15:42 ET UTStarcom (UTSI) 33.30 +1.83 (+5.8%): -- Update -- -- Technical -- Stock continues to bid up solidly on better than average volume. Has already cleared both resistance levels identified early today (see 11:39 comment). Look for additional overhead in the area of 33.70 which represents the upper end of its 10-day Bollinger bands. To the downside, watch for initial support at 33.10 followed by subsequent support at 32.50.
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