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Technology Stocks : Seagate Technology
STX 284.47-7.7%Jan 8 4:00 PM EST

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To: Debt Free who wrote (5078)6/4/1998 10:37:00 AM
From: Smilodon  Read Replies (2) of 7841
 
I don't think that is really a head and shoulders top pattern.

I don't claim to be an expert TA, but I think the scale is too large to consider it a true shoulders (ie. the difference between head and shoulders is too much a percentage of stock price). It looks more like we are headed to a double bottom at 18.

JMHO,

Archer
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