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Technology Stocks : Seeq Technology Coming Back....
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To: ed doell who wrote (1449)12/5/1997 9:16:00 PM
From: ChrisJP  Read Replies (2) of 2127
 
Hi Ed,

I looking at the chart tool on www.iqc.com and SEEQ definitely looks oversold. The last time it looked that way, Doug R. alerted everyone and the stock quickly ran up to its resistance point of 3 13/16. Which of course, is where I bought my first set of SEEQ shares !

The silver lining in all of this is that if SEEQ returns to an uptrend, it will have established yet another "higher low" and equally important, I hope that 3 13/16 is no longer the tough resistance point it used to be.

Thanks for posting the trading summary,
Chris
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