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Technology Stocks : C-Cube
CUBE 36.52+0.3%Dec 12 3:59 PM EST
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To: Warren Gates who wrote (10963)3/4/1997 10:39:00 AM
From: Arik T.G.   of 50808
 
Warren,
It's the chart indeed. Bouncing back from $24 last time with large volume looked like the stronger hands buying from the weaker ones.
I bought calls @25 (closed 27) and bought puts @32 (closed @28). Think of going long again here if volume picks up again. Yes, there's strong resistance around $34 where the support was broken, but after exceptionaly large vol. it's a new game.Look for the forming of a new trendline, most likely up.
Arik.
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