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Technology Stocks : PairGain Technologies
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To: MIKFREE who wrote (29107)3/9/1999 4:45:00 PM
From: P314159d  Read Replies (1) of 36349
 
I always look at that chart along with the daily.

I see a ADI which is very low ( ready to rock or roll).
Weekly OBV is constructive, daily is abyssmal.

I'll take a wild guess and go with the daily OBV for a quick downside shakeout and then a prolonged upswing. Of course, I would love to pick it up at 7 and change in a wild move. If PAIR holds or modestly pierces the uptrend line, we can get to 15 by June.

But how bad are those earnings Q1? We might get a preannounce.

Any takers on a letter to Chuck? I hope to send tonight. I have questions regarding AVIDIA
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