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Technology Stocks : BORL: Time to BUY!

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To: Jack Gibson who wrote (7279)11/11/1997 5:56:00 PM
From: Eugene Kislenko  Read Replies (1) of 10836
 
Hi, Jack:

I guess I'm not far from you in TA area, but to my knowledge we saw some short covering and profit taking today at the same time! My thoughts are that we are at the point where the critical volume of accumulation is reached and BORL is ready to breakout. I think we can expect $12, maybe $12.5 by the end of this week, and very well can reach $13 level by the next Friday.

As you may remember in my "writings":

www4.techstocks.com

I quoted $14-$15 as the next level. In fact I made a mistake - the Fibonacci line is: 1,1, 2, 3, 5...,
Therefore I'm anticipating next major support/resistance level to be met at the area approximately around $13.25-$13.75, and we can be there soon.

Good investing to all.

EK
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