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Technology Stocks : Quarterdeck: Making a Striking Comeback!

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To: Lawrence Burg who wrote (2856)5/10/1998 3:49:00 PM
From: Arizona997  Read Replies (1) of 3307
 
As of Friday's close the slope of the weekly long term trendline (13 week EMA) shows us heading down. Also, the MACD is showing a sell signal. The 5,3,3 stochastic oscillator is pushing 80 which indicates an overbought situation and usually signals a price down turn. This coupled with the fact that we stalled at 1 5/8 the last 2 days on down volume tells me we're going back toward the bottom of the trading channel. Looks like poor earnings and dilution have hurt this stock at least for the short term. What's your opinion?

Gary G
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