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Technology Stocks : Research Frontiers (REFR)
REFR 1.780+4.7%Nov 19 3:59 PM EST

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To: Paul M. who wrote (619)2/12/1998 6:02:00 PM
From: Ted Campbell  Read Replies (1) of 50187
 
Technically speaking, this stock looks great, as I mentioned in my post
a few nights ago. There's a nice little cup formation on the chart
that goes back to mid-December 1997. There's a 2.50 to 2.625 range in
that pattern, and we've broken out above the right hand lip of the cup.
From that breakout point, a price target would be the 11.25 to 11.75
area. That would also happen to coincide with a re-test of the 1997
highs of 11.625. Folks, I think that re-test is going to happen, and
sooner rather than later!! Have a great night everyone.
Ted Campbell
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