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Technology Stocks : Equinox Systems (EQNX)

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To: Quad Sevens who wrote (339)3/17/1998 2:24:00 PM
From: Scott H. Davis  Read Replies (1) of 765
 
Started out strong, then tapered off quick. Noticed most of the day the last trade was at the ask. Apparantly there are not a lot sellers
out there - we may be thru profit taking for this level. A new analyst adding coverage or a good upgrade or 2 will probably put EQNX into record territory. And the good news is that even after today, I don't think EQNX will come across as being overbought since it will be within bollinger bands, RSI < 70, and slow stochastics < 80. Grin time, Scott
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