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Technology Stocks : Spectrian Co. (SPCT)
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To: Ross who wrote (404)10/9/1997 10:08:00 PM
From: Leo Francis   of 738
 
Ross, it is also common for the 50% retracement to act as the next support, in a bull trend. Since fundamentals continue to support strong bull (to be confirmed by Q results), I don't see "the impluse wave (down)" as you do or imply, but rather a pretty significant rally imminent.

At the very minimum, $54 should be reached, in "any" scenario, which offers a pretty good profit/risk ratio IMO.

Good Trading. LF
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