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Technology Stocks : AULT: The unnoticed superstar
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To: Dave Funis who wrote (323)4/10/1999 10:43:00 AM
From: John D. White  Read Replies (2) of 369
 
Well Dave,

Here is a trader's outlook:

The break-out will show up on all the weekend scans. And it's nice that it occurred on a Friday.

I'd say the resistance at 8 3/4 is now gone. We will probably see a spike on Monday to as much as 12 (maybe) then a pull-back to 10 or so (don't count on it), but I doubt anyone will be getting in anytime soon at less than 9.(Hooray for the six of us that did our DD last year.)

Set-top box sector is heating up right now. I am also in IATV, TUNE, ESST, AXC, and CAMP on a long shot.

If the market holds up this one is going into the teens soon and should take-out it's all-time high of 16. Since the co. outlook has never looked better.

JMHO. For entertainment purposes only.
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