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Technology Stocks : Xylan
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To: Trevor Quest who wrote (3415)11/12/1998 6:02:00 PM
From: zook2  Read Replies (1) of 4135
 
The stock dropped from 22 to 16 in a two day period in October. We do not have a lot of over head resistance until the 22 area. Once we cleared out of 16 to 17 range the move to 22 could be quick. Volume has been anemic the last couple of days. No conclusions from this activity. We will comfront some selling off the move from 10 to 18 but not much. If we dont have a volume reversal down in the next week the move is sustainable to the 23 24 range. Lets hope for the best.
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