Simple Technology - STEC Message Board

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Technology Stocks : Simple Technology - STEC

STEC 1.590

+65.6%

Dec 23 3:59 PM EST

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To: Rudy who started this subject	3/15/2002 2:10:05 AM
From: Rudy	of 36

Yesterday (March 14) there is definately some profit taking by big money. There's been (13) 10K+ trades. However, daily chart shows good supports around 8.05 to 8.25. Long term trend channels upper edge is at about 8. So it is still above the channel and correction seems normal. Last 9 days had 2,233K traded on up days and 454K traded on down days. Net 1,780K traded on buy side. Today's volume so far is 441K. This shows a timely and normal profit taking day. It is the first significant one after a long time. Trend is still intact and up. Few more days and I think it may give good entrance points to new investors. Good luck all. Rudy.

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