Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE] Message Board

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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE]

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To: Mighty_Mezz who wrote (1247)	6/17/1998 8:37:00 PM
From: Raymond James Norris	Read Replies (2) of 15094

From a technical perspective, so long as HDIE can hold 3 3/4 and above, everything is hunkey dorey. This will be the third showing of how weak the bears really are by how each low is higher than the last. If 3.75 is broken, the 50 DMA is our next support and should not be broken. If what everyone is hoping for has any merit, the stock won't break below the 50 DMA. The formation currently in play resembles a small cup and handle. The pivot point is 4 and the stock is forming a handle. I say small because most cup and handles are 2 months in length at least. HDIE's looks more to be 1 month and a half. Looking forward to this week and next. If we get a few more days basing at 3.75 and then a good push back up to 4, I don't think we'll see this area again for a long time. Conservatively Yours, Raymond J. Norris

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