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Technology Stocks : America On-Line (AOL)
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To: Steve who wrote (2059)1/8/1999 6:18:00 PM
From: RocketMan  Read Replies (2) of 41369
 
Steve, I don't know how accurate TA is as a forecasting tool. However, I peeked at the 3-month chart, and it does look like a nice pennant flag pattern has developed over the last two weeks.

quote.yahoo.com

Now, is it a bull or a bear flag? I think it is a bull flag, based on the rising price, and that is consistent with everything else we know about the stock. If your TA is right, we should be poised for a breakout in the next week or two, which I expect anyway. Hope you are right.
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