Microlog(MLOG): Ready to Move?! Message Board

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Technology Stocks : Microlog(MLOG): Ready to Move?!

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To: Zeev Hed who wrote (266)	10/31/1997 10:16:00 AM
From: Bob&Carolyn	Read Replies (2) of 595

Zeev, >> I would be very happy if MLOG does not decisively break 6 during the few days. If it holds, then Doug's might be right. If it breaks, Doug's own TA will tell him that we will see sub 5 before the end of the year. It is critical support holding time. And, the markets are going to be tough. << I'm holding MLOG and I'm trying to learn as much as I can about analysis. Can you tell me, in beginners terms, the specifics of your TA regarding "critical support"; why not breaking 6 right away is good; and if it did why it would drop below 5? I've been learning the basics of charting trends... can what you've said be drawn on a chart? TIA Carolyn

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