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Technology Stocks : NovAtel - Global Positioning Systems

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To: Bron-y-aur who wrote (105)3/30/1998 5:38:00 PM
From: John Chapman  Read Replies (1) of 191
 
Wow what a wild ride today. A large sell early in the day set the slide in motion. It then went down to 9 at about 55k shares traded but recovered the rest of the day on 191k shares traded. finishing at 9 15/16. Therefore, on balance volume for the day was positive. It closed near its high for the day which is a good sign and above the 9 day MA which is also good. Even though it gapped down making room for that sell, I think overall it was a positive day and looks good for tomorrow. We will see.
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