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Non-Tech : Trading IOMEGA based on technical analysis
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To: FuzzFace who wrote (1385)3/5/1998 6:21:00 PM
From: E. Graphs  Read Replies (2) of 1511
 
**OT**

Edwin,

I have not been following AOL. I have never owned it so I don't know the stock. Still, just taking a look it seems that ~134 would be your worst case (as a short) to the upside, for now. Actually, the stock looks like it will probably consolidate for a bit between 113+- and ~122. The downside is 105 and that's a long shot imho even though it looks easy. Still, you've got the beginnings of a H&S, so it is possible. I would watch for something like that to develop, but a break of 120 could signal higher.

I'm a little tired so I may be somewhat off on my projections.

All JMHO. Any help to you?

Good Luck!

E
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