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Technology Stocks : America On-Line: will it survive ...?

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To: Michael G who wrote (13524)1/31/1999 7:51:00 PM
From: William F. Wager, Jr.   of 13594
 
MarketEdge TA on AOL as of 2/1...

COMMENT
Moving Average Convergence/Divergence (MACD) indicates a BULLISH TREND
Chart pattern indicates a POSSIBLE TREND REVERSAL
Relative Strength is BULLISH
Up/Down volume pattern indicates that the stock is under DISTRIBUTION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is rising which is BULLISH
STOCK broke DOUBLE TOP (Bullish) Point & Figure Chart Formation Last Week

RECOMMENDATION

STOCK SHOWS MILDLY DETERIORATING CONDITIONS SCORE = -1
IF YOU ARE LONG HOLD CURRENT POSITION; DO NOT INITIATE NEW POSITION
STOCK IS NOT A SHORT SALE CANDIDATE
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