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Technology Stocks : TRO Learning (tutr)
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To: sam song who wrote (80)11/11/1997 10:51:00 PM
From: Yuri Aminov   of 93
 
According to their press releases they do have several big contracts which will help to have good earnings, but I also believe in classical chart analysis which assumes that all fundamentals, news and so on are factored in the chart since people trade on those. So, by looking at the chart it looks to me (and I might be wrong) that this stock might hit its bottom even though TA says that if the stock broke all the resistance levels it might go down to nowhere. You see, the volume at all the lowest lows are lower than before and it creates a bullish divergence. TA also says that stocks can go down and down on very low volume too, but I think that it is the bottom - just wishful thinking :)

Yuri.
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