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Technology Stocks : Broadcom (BRCM) -- Ignore unavailable to you. Want to Upgrade?


To: Teresa Lo who wrote (1855)6/13/1999 4:21:00 AM
From: Teresa Lo  Respond to of 6531
 
Technical Update - BRCM

Broadcom is still in a test of top position and if it fails to gain momentum on this breakout right here, many traders will be selling it on the assumption that it has failed at the high.

Charts have been posted to intelligentspeculator.com



To: Teresa Lo who wrote (1855)6/14/1999 6:08:00 PM
From: Teresa Lo  Read Replies (1) | Respond to of 6531
 
Technical Update - BRCM

Broadcom was in a test of top position but failed to gain momentum on this breakout and traders sold it on the assumption that it has failed at the high. Watch closely to see if the 20-period moving average, the red line, will provide support at $100.

For more information on classic chart patterns and their measurement formulae, please refer to Edwards and Magee's Technical Analysis of Stock Trends amazon.com or John Magee's Analyzing Bar Charts for Profit amazon.com

Charts have been posted to intelligentspeculator.com