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Technology Stocks : QUANTUM
QNTM 8.120-5.4%3:59 PM EST
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To: Jeff Egg who wrote (7158)1/29/1998 3:17:00 PM
From: RealMuLan  Read Replies (2) of 9124
 
This is an encouraging sign. However, I think people usually count 50-day moving average instead of 40 day MA. For QNTM, 50-day MA is somewhere around $22.5, so if the stock can close at that level, then it tells you that some people out there are accumulating the stock.
Good luck.
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