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Technology Stocks : PEGA - Pegasystems
PEGA 58.95-1.0%Nov 6 3:59 PM EST
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To: li li who wrote (160)9/19/1997 5:19:00 PM
From: Adelantado   of 504
 
Another 2 3/8 price rise today to 34.

I'm not into TA, but looking at the price/time chart I can't help from noticing that when the price reaches 35, it will complet the cup and handle formation which I am told preceeds a rapid rise in the price of the stock. The onty thing that will hinder a metioric rise would be a head and shoulders formation.

Is this a good thing or what?
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