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Technology Stocks : Novell, NOVL, I really need some advice

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To: Paul Fiondella who wrote (40)7/8/1997 1:04:00 AM
From: Nadim Mando   of 46
 
Paul, I am still in. The stock is still building a base here with some resistance at 7 1/2. If we break the 7 1/2 then the next resistance is ~ 8 / 8.25. Support is still @ 7

I was hoping to see more volume on NOVL. Here are my next moves:

- If we move to 7 3/16, I will be a seller
- If we move to 7 1/2 then it breaks it to 7 5/8, I will hold on for 8 /8.25
I think the stock will try to crack resistance again tommorow. If it doesn't, I may be a seller as well depends on how the stock acts. One of my rules in investing : NEVER TURN A PROFIT INTO A LOSS

Good luck
Nadim

PS, I will let you know if I exit
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