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Technology Stocks : America On-Line (AOL)

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To: Rascal who wrote (17651)5/19/1999 4:26:00 PM
From: Steeny  Read Replies (2) of 41369
 
Stochastics are already looking close to a top(Not a very reliable sell signal, but considering volume). Short of cable news, I fear that we are headed to 129(lower part of our wedge). The support there will not be fantastic, but it may hold if the rest of the market rallies. Below 129 is the trendline at 120.

Upside, the only chance of breaking through the 140-145 zone will be on news. I am surprised at how well AOL held up today considering the lack of news from CASE. This gives us hope, but the volume was so weak that I can't write too much into this.
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