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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 91.18-4.3%Nov 17 3:59 PM EST

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To: Adam S who wrote (18787)4/17/1999 9:03:00 PM
From: Johnny Canuck  Read Replies (1) of 93625
 
Adam,

Aren't you worried about the ascending triangle. It needs to make it
pass the 3/4 point to the apex to not have a high probability of resolving the price action to the down side and lower prices.
This chart is indicating a tradable oscillation, but nothing to get excited about yet or am I missing something? This chart seems to support Zev's view right now. Of course any unexpected news will invalidate the TA as RMBS is a more of a news drive stock rather than a fundamentals driven stocks at this stage.

Harry
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