AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 23.38

-0.1%

1:55 PM EST

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To: Marc T. Archer who wrote (2891)	10/8/1998 1:40:00 PM
From: UFGator93	Read Replies (1) of 29970

Marc, You are welcome, of course. Usually, I'm primarily a lurker when short since a large number of posters attack shorts for their dissenting opinions. I think the previous post with a target of $15 has a very good price point. However, if you are dead set on buying more ATHM at the current levels, here is what I'd suggest as a potential long -- wait to make sure it can hold the bit of resistance it has at 35. Looking at the chart, it looks to me that if ATHM sinks below 35 and re-tests the low 30's as it did a month and a half ago, the next support line is in the low 20's. Anyone else read the support lines differently? It's always better to lose out on a few points and buy after it shows support that to get in too early and ride it down. Damon

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