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Technology Stocks : OLED Universal Display Corp
OLED 125.77+0.9%Jan 9 9:30 AM EST
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To: sylvester80 who wrote (15863)3/1/2018 12:10:53 PM
From: jexzz1 Recommendation

Recommended By
slacker711

  Read Replies (2) of 29742
 
That's true, Sylvester. But the stock would have to close below this support area to do any real technical damage. Also, worth noting that while all stocks follow technicals, I have noticed that OLED's action tends to adhere to technical "rules" less than text book examples. Should also be noted that if it survives this test of the 125 area, as you know, this area will become a stronger level of support than it was before the test. So we'll see what happens.

If by chance it does get to 108, valuation will make this company a serious buyout candidate, in my view.
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