Y2K (Year 2000) Stocks: An Investment Discussion Message Board

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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion

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To: tech who wrote (7864)	11/17/1997 8:48:00 AM
From: tech	Read Replies (1) of 13949

Analysis of FORE as of close 11/14 The upper Bollinger band is at 19 9/32 and the lower is at 14 7/16 The 49day moving avg. is at 18 19/32 We had a sharp price increase accompanied by greater than avg. volume. The OBV indicator has reversed and is now climbing. The Money Flow RS indicator shows that money is now flowing into this equity. We broke through two trend lines in intraday trading on Friday, tested the 49day moving avg., but then settled back above the first resistance level. The next test will come once again at the 49day moving avg. If we break and close above that mark, then we should easily climb to 19 29/32. If we break through resistance here, then we should go back up and test 21 3/4 Rating - Strong Buy

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