Egghead Computer (EGGS) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Egghead Computer (EGGS)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Scott Williams98 who wrote (6355)	1/27/1999 5:19:00 PM
From: Sojourner Smith	Read Replies (1) of 8307

IMO EGGS started to improve technically towards the end of the day. The MOM (momentum) has not been able to cross up over 0 after repeated attempts all Dec. MACD has been in a downtrend for over a week. IMO near-term low might be16, and then it will hit 20 again within 2 weeks. I wouldn't be surprized if it gapped up tomorrow morning, believe it or not to 18.50. I have traded EGGS many times, and so far, I have gotten the better of it. Idealy I would like to see moving up, so this play is not ideal for near-term traders. We are definitely in the oversold zone though.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next