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Technology Stocks : Dell Technologies Inc.
DELL 119.17+4.1%3:59 PM EST

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To: Lizzie Tudor who wrote (78237)11/11/1998 4:31:00 PM
From: SkyDart  Read Replies (1) of 176388
 
Good Internet Play based on TA: CYCH

CYCH has just began its inevitable runnup. It dropped from 28 to about 6 during the "correction".

Huge insider buying in Sept with the president Melton buying 3.5 million shares at 10.

On balance volume has shown a triple bullish divergence over the past 2 months; ie lower lows but at each lower low, higher On balance volume reflecting a paradoxical accumulation. Also momentum indicators, MACD all showed recent breakout. Had traded in a range from 7 3/4 to 9 on usual volume of 150 k until last week when volume surged to 500k, finally with 1.2 million yesterday and today the BREAKOUT with 2.7 million shares closing up 1 3/16 [14%] at 10.

I own calls and stock and believe this is an excellent candidate to shoot up 5 to 10 more points quickly as volume increases and people jump on it.

Good Luck,

Jeff
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