Orbital science (ORB) Message Board

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Technology Stocks : Orbital science (ORB)

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To: Mohan Marette who wrote (1639)	5/4/1998 8:34:00 PM
From: Lemur	Read Replies (1) of 2394

It's a good day to get good news. The technical indicators (the couple that I use) indicate ORBI would most likely soften a bit. Of course, last week's mini-slide will affect the indicators, but then that slide IS an indication of the general strength of ORBI. We should all be especially pleased those secondary shares hit the market when they did, rather than during a time of "interest rate fears." Hopefully the good news will drag us forward enough to firm up the price (since we've cleared "room" up to about $49) rather than the re-testing of our new base that the TA would indicate. It's going to take a pretty decent thrust to clear $50 for good. The sooner we can test this resistance, the sooner we can burn through it!

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