CDRD (CD Radio) Message Board

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Technology Stocks : CDRD (CD Radio)

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To: Candle stick who wrote (500)	1/4/1998 3:09:00 AM
From: Dale Baker	Read Replies (1) of 904

What's your latest take on CDRD's TA? My very amateur perspective says it is staying within the established downward channels, with lower highs and lower lows in the absence of any more news or outside writeups. Potentially very significant - CDRD just broke down through its 200-day MA for the first time since it broke through on the way up in March. From what I have heard elsewhere, if CDRD continues down to 10% below the 200MA it signifies a serious breadown in the chart. Like I said, I'm just an amateur at this stuff. Objections and corrections are welcome. Interested in your thoughts. Happy New Year.

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