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Technology Stocks : LSI Corporation

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To: Moonray who wrote (13343)6/30/1998 5:10:00 PM
From: E. Graphs  Read Replies (2) of 25814
 
Moonray,

He may have to wait a little bit longer for SOX's demise. Take a look. We've got the original break of the neckline (support), followed by the first pullback and test of that old support (now resistance), followed by a second test and successful break of that resistance (so now support again! <g>) and now a test of that "renewed" support today....... which could lead to a poss recovery. We may even get a decent rally here, since that was a good deal of work done. I'd prefer to see better R/S, but that's about it.

Well, I guess we'll just see what happens now.

chart1.bigcharts.com:80/report?r=qchart&onbad=qbadsymbol&hide=0&symb=sox&time=10&qchart.x=75&qchart.y=16&sid=11520&sec=x&xyz=35298484&s=32454

Do you agree?

E
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