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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)

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To: JDN who wrote (13837)4/1/1998 11:38:00 AM
From: Karl Drobnic  Read Replies (3) of 31646
 
TAVA price: It's showing a footprint. It has made 3 steep runs since last July. The first run started around $2. The second started around $5.25. The third started around $9. Measure from the beginning of the run to the high for the run. TAVA's footprint is to pullback about 40% of the run. The latest run was $5.63 (or so, depending how you measure it). So a "normal" TAVA pullback would be $2.25 from the high for the latest run. That's why I bought more when it dropped under $12.50 a couple days ago.
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