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Technology Stocks : MTIC - Is this the next EMC?

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To: Mark T. Heath who wrote (1235)1/28/1998 4:34:00 PM
From: Brad Rogers  Read Replies (2) of 3748
 
Mark, you have no idea what you are talking about.

I just looked at the 1 year chart.

There is an uptrend line starting at 5 (July 1997); then a higher low at 12 1/2 (nov 199.

So, connect the dots; make a line and you have an uptrend line. The line WAS BROKEN at around 13-14 in Dec 1997. All bets are off after that.

Now there is a longer uptrend line; starting at 2-3 in Oct 96; going to 5 in july 1997; and now lies at 9. So, I would say we could well test this 9 area.

WATCH OUT. There is 3-4 points downside risk right now! Sell now; ask questions later. THis stock is broken.
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