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Technology Stocks : America On-Line (AOL)
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To: Dr. Zax who wrote (13774)4/28/1999 8:31:00 PM
From: Teresa Lo  Read Replies (2) of 41369
 
AOL Technical Comment:

AOL is in the process of testing the old high of 175 and so far, has fallen short and is now testing its 20 day EMA where support should lie if this stock is still in an uptrend. Intraday, it has fallen under the 20 period EMA on the 60 minute chart where support support should be if this stock was strong. Yesterday morning's open drew a bearish counterattack candlestick formation. Seems to be testing the first level of support in the $140 area.
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