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Technology Stocks : Egghead Computer (EGGS)

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To: Raven McCloud who wrote (7205)3/18/1999 10:21:00 AM
From: Scott Williams98  Read Replies (3) of 8307
 
EGGS breaking up through $18.00 on good volume...

Short seller beginning to cover a little? Volume still looks strong, that's what I like to see.

Raven,
I see resistance at around $20.00. HOWEVER, we are now breaking up through that HUUUGE descending triangle I was talking about last month, and we're doing it on strong volume. A trader might want to take profits at resistance, the holder would want to HOLD and see if EGGS can take out that real old resistance we all saw at $26.50.

Best of luck SCOTT
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