Rambus (RMBS) - Eagle or Penguin Message Board

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Technology Stocks : Rambus (RMBS) - Eagle or Penguin

RMBS 88.13

+1.0%

Nov 21 9:30 AM EST

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To: MulhollandDrive who wrote (20123)	5/12/1999 11:29:00 PM
From: MileHigh	Read Replies (1) of 93625

bp, A bit of TA for you. We are now pulling out of several inverse head and shoulders. We just punched through the one at 66 (we both called this <gg>). Notice we got crunched at the close at the 100 and 150 day MA's..Crunch!! Now we have resistance from our April 1 five day rally into 77'sh only to selloff-- see that? We also had a rally in mid March to 77'sh only to selloff. Thus, unless we breakthrough 77'sh decisively, we will have a triple top and TA guys say that the 4th try through a triple top is usually broken..... My take, I think we have met our foe and this 76-78 area will be a tough battle (barring any news, that is) MileHigh bigcharts.com

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