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Technology Stocks : Telxon (TLXN)

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To: Justin Pressley who wrote (227)9/4/1997 9:10:00 PM
From: Dwane Houghtaling   of 378
 
Justin. I was just stopping in to post the same info and ask just about the same question. I've read a little on this TA but have to admit that a lot of it still seems like voodoo magic. I do understand the use of BULLISH five times combined with the phrase STRONG UPWARD TREND to equil a STRONG BUY recommendation. Interesting enough though is the support level is listed at $23.54 It seems every time it gets to $23.50 it drops back.

I just wonder when it'll break $23.50 -- When it does, I'm gone. Likewise, if it drops back to $20.94 I'm gone and I'll just take my long term loss.

Dwane
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