TAVA Technologies (TAVA-NASDAQ) Message Board

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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: Jack Zahran who wrote (12730)	3/18/1998 12:43:00 PM
From: Money Mood	Read Replies (2) of 31646

Jack, you know, it may be not because of any news pending or even rumours - it may be what they call "market sentiment". My second guess is: this is the delayed reaction to KO announcement which was underestimated at the beginning ("pilot" etc.). Somebody must have been cracking the numbers since the PR came out and we see the results here. My third guess is: many people (including myself) have been waiting for the weakness due to warrants conversion, it didn't happen "on time" - so we see the opposite action. I saw similar price movements before. My fourth guess is: from the TA point of view last month's TAVA chart may be looked at as a "flag formation". If this is correct and we just witnessed the breakout of the flag the price rally should repeat the previous one which was from 6 1/2 to 9 1/2 = 3 points. That means 9 1/2 + 3 = 12 1/2. Now, let's see if we break 10 1/2 resistance. Dancing nude on the rain in NYC! Viktor.

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