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Technology Stocks : Wind River Systems - Technical Analysis

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To: carolyn walder who wrote (48)10/22/1997 10:54:00 PM
From: Mitchell Jones  Read Replies (1) of 431
 
Carolyn,no definitive help from candlesticks today.

Today's black candle does not extend far enough into yesterday's white candle to be out-and-out bearish;however, my glasses are not rosy enough to form a bullish picture either.

43 is not a resistance point,so WIND didn't fail a test here. I wouldn't be surprised to see more upward movement tomorrow to continue the test of the 44 level.

Mitch
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