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Technology Stocks : TECD - Tech Data

TECD 144.90

0.0%

Jun 30 5:00 PM EST

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To: Susan Saline who wrote (323)	12/26/1998 1:48:00 PM
From: chartseer	Read Replies (1) of 584

According to my read of the TECD chart it is headed lower. I realize that as a day trader you may be buying for a year end bounce which you could very well get. But as a chart with its lower lows( 39, 37 three times and didn t hold, 36 and now 35) and lower highs(53 ,47 44 and 43) it is giving and confirming sell signals. A long base breaking to the downside. Not my opinion of a nice chart. QWST is my idea of a nice chart headed higher. This is what I see but I must admit that I am not always right. Chartseeer

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