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Technology Stocks : BAMM - BOOKs A Million (BAMM) .. the next Amazon.com ????
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To: Marty Rubin who wrote (731)2/5/1999 2:21:00 AM
From: SkyDart  Read Replies (1) of 1196
 
Not the point.

Don't just look at price.

Must also analyze volume, volatility, OBV, MACD, Price Rate of Change, etc.

Also notice where stock has based.

The point is that technically this stock HAS to bounce.

12 million shares today and a bounce through the 100 day, 50 day and 20 day EMA's have changed its momentum, and we will not be able to escape extreme volatility for at least the next few days.

Good bet that through it all we will see more upside action than downside.

JMHO

Dart

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