Netscape -- Giant Killer or Flash in the Pan? Message Board

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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan?

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To: tang who wrote (4158)	8/25/1998 1:46:00 AM
From: Golden Bear	Read Replies (2) of 4903

Chart projects $40.00 short-term, any T.A.'s on Board? I am a novice at technical analysis and I am looking for a 2nd opinion. From last week of July to present, my daily chart shows a reverse "head & shoulders formation" with confirmation occuring 8/18 - 8/19 when the price penetrated $31.50. This reversal suggests a break-out to $40.00 minimum in near term. The right shoulder was built on decreasing volume and there is a meaningful trend to be reversed. This looks too easy: am I missing something?

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