3Com Corporation (COMS) Message Board

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Technology Stocks : 3Com Corporation (COMS)

COMS 0.00130

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Dec 18 4:00 PM EST

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To: Steve Porter who wrote (23643)	10/30/1998 9:38:00 PM
From: chenys	Read Replies (2) of 45548

Steve: Good call. But two days ago the sharp uptrend, linking ~25 3/8 with ~30 1/4, was broken, now while the rebound has been strong, the close is right at the resistance, meaning exactly where that trend line is. Then look at the huge OI's for Nov 35 calls and puts, it looks like we will have some fun next week. With the stochastic at 90%+ and RSI at >70%, how would you hope for further run-up? Mind some comments? It seems to me that today's gap is very funny, and it would be interesting to see how we are going to label this gap in the future. Do you still think that Wayne's TA is not going to do it this time?

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