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Technology Stocks : Audio and Radio on the Internet- NAVR

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To: Eric who wrote (3838)1/11/1999 5:23:00 PM
From: Dave  Read Replies (1) of 27722
 
OK now seriously, how does one determine resistance when the stock has touched that price only once before on a huge spike? Seriously folks, I'm as glad as the next guy that we're all making money, but TA goes out the window on moves that are being determined by upcoming news.

I can see using TA to day trade this stock (determining pullbacks, etc), but for a long term or position hold, we're getting into new territory and the results will be determined more by news than anything else.

That said, go NAVR!

BWDIK,

Dave
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