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Technology Stocks : PairGain Technologies

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To: Silicon Trader who wrote (27692)	12/17/1998 10:21:00 PM
From: Street Walker	Read Replies (3) of 36349

Today's move is based in TECHNICALS >You should be doing some research. maybe even look at the chart MACD turning up , stochastics turned up, RSI turned up , closed near the high.< My thoughts exactly, MrBigAir. Anyone who has followed this stock and is familiar with its fundamentals and particularly technicals has known its been a buy for the last few days. Today just saw more buyers. Because this is a technical break-out, it will continue to go up. It has quite a bit of upside from here in the short and long term. Buy Low - Sell High --- that is what buyers are currently doing. There is short term resistance at $12. We could hit that resistance sometime next week as the technical move continues combined with positive market conditions. Regards, S.W.

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