SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : TLAB info?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: JM who wrote (1353)10/11/1997 11:57:00 AM
From: CHIP HUNTER   of 7342
 
JM your premature on calling this a double bottom.... A double bottom is confirmed when it can close above its most recent high, it did not do that!! At this point the recent rally was a dead cat bounce because we moved down too far too fast. Also when a stock falls to its 200d moving average its very normal your going to get a bounce. Look at chart of TLAB as it was going up you had corrections but the trend was up, now in my opinion the trend is down and we will have bounces!! One last thing we will not close above 58 before we fall again in my opinion. TLAB has had a great run but now its the bears turn.... Good luck Bulls!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News