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	3/26/2002 8:33:23 AM
From: Rudy	of 36

After last few days of trading I checked the daily chart once again. The earlier pattern forming was a symmetrical triangle with an unpredictable nature. But now I can tell last 7 days action created an ascending triangle which tends to breakout to upside. 8.20 or 8.25 seems to be the upper edge that needs to be broken. Volume shrinkage testifies for this consolidation. We are also riding the bottom edge of the uptrend channel. Oscillators are at neutral. I think we will see an upside breakout soon. for chart: stockcharts.com[w,a]daolyyay[pb50!b200][vc60 ][iUb14!Lh14,3]&pref=G Good luck. Rudy.

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