PSFT - 1997 Outlook [closed thread] Message Board

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Technology Stocks : PSFT - 1997 Outlook [closed thread]

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Oct 29 5:00 PM EST

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To: gc who wrote (823)	1/30/1998 1:55:00 AM
From: Satyr	Read Replies (1) of 940

As has been pointed out by others whenever a call is made using charting or any form of TA the best you can do is an educated guess. Based on previous price action the pullback to 34 1/2 - 34 would be a classic retracement from the recent rally. Also 34 1/2 is the area of the 50 day MA which should lend additional support.

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