AUTOHOME, Inc Message Board

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Technology Stocks : AUTOHOME, Inc

ATHM 24.86

-0.2%

3:59 PM EST

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To: Bud Fox who wrote (8300)	4/20/1999 6:04:00 PM
From: Neal davidson	Read Replies (2) of 29970

Bud: Here in Atlanta, Comcast is advertising the hell out of ATHM on CNBC. I hear national advertisements are coming soon (directly from ATHM). I don't agree with the technical analysis set forth in the first paragraph of your post, particularly with regard to "Strong resistance at $118-$125." We blew past that, so the resistance was not as strong as you thought. Maybe your have your terms confused. On the upside, there is resistance...on the downside, there is support. Did you mean "support" when you wrote "Next 'resistance' on the downside is $100."?? In any event, I simply do not think this stock is subject to strict technical analysis. Yes, we can expect to back and fill. And yes we can expect to fill some gaps. The ATHM chart can look great, but if the internet sector takes a hit, we will too.

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