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Technology Stocks : Excite [XCIT], an exciting stock to own in 1999!

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To: TLindt who wrote (1011)2/20/1998 10:25:00 PM
From: Phil Jacobson  Read Replies (1) of 3183
 
Tonight's TA update for XCIT on "2nd Opinion". I sold a
few points ago...will probably come back in on Monday.

COMMENT
Moving Average Convergence/Devergence (MACD)
indicates a BULLISH TREND
Chart pattern indicates a STRONG UPWARD TREND
Relative Strength is BULLISH
Up/Down volume pattern indicates that the stock is
under ACCUMULATION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is rising which is BULLISH
LOOK FOR SUPPORT AT 36.45
WATCH FOR RESISTANCE AT 47.67
Stochastics indicate stock is OVERSOLD
STOCK broke DOUBLE BOTTOM (Bearish) Point & Figure Chart
Formation Yesterday

RECOMMENDATION

STOCK IS A BUY; STOCK IS OVERSOLD; GOOD ENTRY POINT
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