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Technology Stocks : Westell WSTL
WSTL 5.720+2.5%Nov 7 9:30 AM EST
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To: Skiawal who wrote (16310)6/2/1999 12:24:00 AM
From: P314159d  Read Replies (2) of 21342
 
Lotta buying there, Ski.

Let's not wreck the party with a vicious rumor ( or news). I think you asked my opinion for 8 or 10? I am leaning for the 10 to 12 range because:

1.) this is a controlled move on solid volume, instead of a spike. Like a big broker is in charge (HQ?) of the bid. The spike will be exhaustive.

2.) Short term indicators favor a market rally now.

3.) R2K looks poised to move up to old highs this summer. WSTL is in that sector.

4.) As you indicate the ST stuff on WSTL points it out. THE MACD and STOCH turning here is very bullish.

5.) I prayed last night.
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