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Technology Stocks : Cube Bears & Negitive News
CUBE 36.32+1.0%Dec 30 3:59 PM EST

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To: Craig Gordon who wrote (24)12/16/1996 9:14:00 PM
From: donald sew   of 35
 
Craig,

The STOCHASTICS currently show 25 and heading down, which means that CUBE, very soon, will be considered oversold.

CUBE also, just broke the LOWER BOLINGER BAND.

Around the 3rd week of August, there was a similar situation. The stock price touched the lower BOLINGER BAND, and simultaneously the STOCHASTICS was right about 25. Thereafter, CUBE popped about 4 points.

One thing that is not similar is that CUBE has actually protruded below the BB, where in August it only touched it.

Seeya
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