Wind River Systems - Technical Analysis Message Board

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Technology Stocks : Wind River Systems - Technical Analysis

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To: Peter Church who wrote (125)	2/11/1998 3:11:00 AM
From: Mitchell Jones	Read Replies (2) of 431

Peter, I view Tuesday's action as very positive in the technical performance of WIND. We have begun the test of the support line and the stock bounced strongly off that support with very good volume. The overall technical picture for WIND is still not pretty,but it is,at least, performing predictably ,and that should help to attract more buyers who invest purely on charts. We may not have seen the last test of support before earnings,but we passed the first one and that's encouraging! I fully expect the stock to begin showing strength and firming up over the next few weeks. Mitch

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