Atmel - the trend is about to change Message Board

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Technology Stocks : Atmel - the trend is about to change

ATML 8.140

0.0%

Apr 12 5:00 PM EST

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To: Ravi R who started this subject	7/17/2003 2:17:36 PM
From: Big Bucks	of 13565

Nasdaq has been running in an up channel since about mid-March. It has to violate below 1681 to break the upchannel trend, IMO. Options expiration tomorrow and profit taking are re-aligning recent stock price moves back to reasonable levels. It will be interesting to see if there is a breakdown tomorrow, the previous several months have had good upward moves after options expiry. The top end of the upchannel for the Naz is right around 1820. stockwerld.com Let's hope Atmel has favorable earnings and future outlook. Anyone else have an opinion? BB

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