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Technology Stocks : Seac - Seachange New IPO
SEAC 3.350-4.3%Oct 22 10:15 AM EST

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To: zoe who wrote (199)1/14/1999 12:27:00 AM
From: Ron   of 431
 
Zoe..pull up a daily chart on SEAC..say a 60 or 90 day. You will notice the last few days are seeing higher highs and higher lows each day..plus abrupt increases in volume..which is very bullish. SEAC is now crossing over its short term resistance level which is 8 3/4. If it holds above that resistance and moves up more...that's a breakout. And I will buy more with both hands..computers smoking...<<<GGGGGG
TA is just one way of identifying opportunities. One must also consider many other factors such as earnings, industry news, etc. I think the SFA cable deal is of some benefit as well.
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