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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Jesse Livermore who wrote (2693)4/22/1998 2:43:00 PM
From: Satalink   of 3307
 
There's an incredible amount of resistance @ 2 1/4. If it breaks through and holds, this stock will soar. This week has sent a number of software and information companies through the rough. The only thing holding this stock back is the year-long moving average hovering 2 1/4. This stock peaked above the 200 Day Moving average with enough overhead to be noticed today for the first time in a year. By my last check the stocks price is above the 200 DMA right now and has 1.5 hrs to decide which side of the line it wants to be on. I invested lightly w/ 1000 shares today as I don't think that the combination of 22MM shrs today, peak above the 200 DMA, and a strong buy recommendation to 5 will go unnoticed.

Best of luck to all.

Satalink
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