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Technology Stocks : Equinox Systems (EQNX)
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To: Scott H. Davis who wrote (408)5/1/1998 5:04:00 PM
From: Scott H. Davis  Read Replies (1) of 765
 
Rainier, your clarification of trendlines/resistance would be appreciated. Looks like EQNX has broken thru the trendline resistance we saw at about 25. Before saying this conclusively, do you wait for a second day for confirmation?

Also, just noted that the 20&50 day MA crossed and have stayed above the 200 since May 97.

What inferences do you draw from this? This stock has seriously exceeded my expectations. I expected a pullback and did not expect to be at this level untill near the next qtr report. How much longer can we expect this stock to continue this trend. I lack a personal experience with a sustained uptrend this long.

Thanks for any insight. Scott
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