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Technology Stocks : Applix is back in action
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To: prashanth who wrote (2192)4/21/1998 5:11:00 PM
From: epicure  Read Replies (1) of 3014
 
My opinion (and it rarely involves the street) is based on my charts. APLX became a buy about 2 days ago and it is now heading solidly up. That said, I will also mention that APLX tends to have these huge flags up followed by almost equally huge flags down. So I think possibly a little more up tomorrow, 7 1/2 being the highest it could obtain (and only then under enthusiastic market conditions) then gradually back to wobble around the 50 dma some more at ~5 3/4, until some news moves the stock one way...or the other.

BWDIK
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