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Technology Stocks : Atmel - the trend is about to change
ATML 8.1400.0%Apr 12 5:00 PM EST
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To: Michael Sphar who wrote (9828)5/27/1999 1:47:00 PM
From: turbi  Read Replies (2) of 13565
 
Hi Michael -- I was looking over the recent chart and noted that Atmel gapped more than a point upward on opening on May 12, but filled in that gap (TAs like such gaps to be filled in) on May 17. In fact, the 18 3/4 close on the 11th was exactly the low on the 17th. To me, that looks technically sound. If so, the current erosion is just that: slow and low volume withering of the price before the next explosion on high volume upward. Cheers/t
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