CYRIX / NSM Message Board

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Technology Stocks : CYRIX / NSM

NSM 18.27

0.0%

Jul 31 5:00 PM EST

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To: Stormweaver who wrote (32029)	5/5/1999 1:37:00 PM
From: Debra Orlow	Read Replies (2) of 33344

From a TA point of view, I do believe that there will be some profit-taking in this 17 3/8 - 17 1/2 area. Why? --the last intermediate term high was 17 5/8 on 12/3/98 --Edwards & Magee measuring formula for this flag/pennant shows a target of 17.4 Just my humble TA opinion. Does this mean it can't go higher? NO, but I go with chances. And chances are it at least stalls here. Since I'm in at 12 5/8 4 days ago, I feel good with the profits I have. Good luck to all those that hold!

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