AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 23.64

-1.3%

Nov 19 3:59 PM EST

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To: TLindt who wrote (1094)	1/10/1998 12:42:00 PM
From: ahhaha	Read Replies (4) of 29970

I don't know. Could go either way. Market is getting ready for an advance. ATHM will probbaly go back up. But will it continue up or just break down again. Probably just break down again. Fundamentals are not strong enough now to sustain anything significant. With this one you just have to buy, hold, and ignore. Even add after whacks, but that's like averaging down which I don't advise. However a base is forming between 20 and 26. The usual base compression variance is 1 point. So you can see that when the stock represents a viable ongoing concern it will be trading at the equivalent of 6 x 20 = 120. So it isn't important to get cute with this one. Don't try to trade it.

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