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Technology Stocks : RF Monolithics (RFMI) -- Ignore unavailable to you. Want to Upgrade?

To: Rex Dwyer who wrote (354)	6/16/1999 12:27:00 PM
From: Toby Zidle	Respond to of 369

A down day for RFMI so far today (profit-taking, I'd guess), but volume so far is small compared to its normal average (12K vs 56K shares). So there's little selling pressure. Looks good for future prospects. Technical analysis questions for anyone who can field them: 1) Cup and Handle: From 'disaster day' last March to the day RFMI went up through the $7 level ... isn't this a C&H formation? When IBD published its series of charts on the big winners of the decade, C&H's were prominently pointed out. 2) Closing the Gap: It looks like yesterday's big move finally closed that horrendous gap in March. Would this mean a pullback is now probable? Would such a pullback be a super buying opportunity or, instead, does it signal a loss of momentum and transformation into just another long-lasting trading range?