PWAV- the hot new IPO Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : PWAV- the hot new IPO

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Paul Haynes who wrote (981)	3/11/1998 12:33:00 AM
From: JRobinson	Read Replies (2) of 1491

PWAV is at a critical point technically. It had been forming an inverse head and shoulders, which is a very bullish pattern...when the breakout comes through the neckline (around 20) and is sustained. This didn't happen here... but still can. However a break below near term support at about 12.5 would not be a good thing. PWAV is resting at it's 50 day MA and I wouldn't mind seeing this hold on a volume dryup. We could then expect (!?)an attempt at the neckline again. A bunch of overhead resistance is in store after this happens though.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next