SI
SI
discoversearch

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 : BORL: Time to BUY!
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ghassan I. Ghandour who wrote (9866)4/15/1998 8:50:00 PM
From: Sam Scrutchins  Read Replies (1) of 10836
 
Ghassen,

After I saw the earlier posts on the Oracle announcement, I thought maybe the pickup in volume and price was related to it. Perhaps it was, in anticipation of licensing revenues for Borland, but the fact that Borland was never mentioned in the Oracle release makes me less certain.

At any rate, I have not seen this evening's Big Charts chart on Borland's move, but I think it spiked through both the Bollinger Band and the upper boundary line of the symmetrical triangle. If it stops at 9 7/8 or 10 over the next two days, then one could transform the symmetrical triangle into an ascending right triangle. If it continues on a clear breakout of the symmetrical triangle on good volume, then the initial move is probably at or above 13.

If the move continues, then I think we are in for some positive surprises next week. Word on this may be breaking out now. We shall see.

Sam
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News