How high will Microsoft fly? Message Board

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Technology Stocks : How high will Microsoft fly?

MSFT 510.37

+1.4%

Nov 14 3:59 PM EST

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To: Teflon who wrote (18593)	3/23/1999 10:35:00 AM
From: Gerald Walls	Read Replies (2) of 74651

Gerald, how do you get a "U" shaped handle with the opening on top?? x x x xxx xxx xx x x xx x x xx xxx x xx x x x x x x xxx x xx \|-------\|-----------------\|------\|----\| A B C D A - End of prior advance B - Cup C - Handle D - Beginning of next advance You want to see volume decline at the bottom of the cup and the handle. You then want to see it pick up gradually as the stock advances. Then you want the breakout from the handle to be on heavy volume, like 150% of daily average or more. Handles can also be essentially flat and just run along the resistance line.

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