Creative Labs (CREAF) Message Board

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Technology Stocks : Creative Labs (CREAF)

CREAF 0.370

-21.3%

Oct 31 1:10 PM EST

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To: DRRISK who wrote (9507)	2/12/1998 1:27:00 AM
From: BZOOKA	Read Replies (3) of 13925

DRRISK,I agree with you on the move up from tomorrow.Have loaded up and will get more in the morning.Both fast and slow Stochastic on the bottom both price momentum and money flow do not confirm the lows as they did not when it went to 16 1/2,this is as close of a bottom fishing as you could get.This baby must MUST go to 22-24 area,also checked the technicals with Avid(I subscribe to that service for short term recommendations) I do not think Creaf will go any lower and strongly think is up up and away from here but here is what they had to say: The peak of the last rally off of lows has held back subsequent recovery attempts,and now prices appear to be rolling over again. A close below 18 would set an important test of 17 1/8 which defines a potential ascending triangle forming off of the lows.If prices can then rally back above 19 1/2 , they are likely to close above the triangle's 20 1/8 resistance,targeting the 23 1/2- 24 area.New lows would not be positive.

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