BOGN - Undiscovered $6 stock - Could be next EFAX! Message Board

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Technology Stocks : BOGN - Undiscovered $6 stock - Could be next EFAX!

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To: chalu2 who wrote (9)	5/29/1999 8:13:00 PM
From: Topannuity	Read Replies (1) of 13

I think it tanked along with NASDAQ, nothing in particular technically bad yet. the 200 day and 50 day Expon. MAs are still uptrending. I dont think there's been technical damage with this retracement. There's an uptrend line drawn from Oct 98 low at $4 to 5 7/8 in March 1999. That line currently offers support at 6 3/4. I'd like BOGN to hold the $7 level whoch is near the uptrend line, on the 200 day MA line, and is the neckline of the bottoming head & shoulders pattern which started the latest leg of this move. As long as we stay above 6 3/4 we're still up trending. If we break to $6 (which is where I'd place a stop loss) I'm out.

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