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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: Jenne who wrote (22892)	6/17/1999 4:21:00 PM
From: Steeny	Read Replies (3) \| Respond to of 41369

TA: today's close was the 1st signal of a bullish reversal. AOL broke it's negative trendline on solid volume. The next target is the 25dma at 116. Tomorrow is triple witching, though and we can't put too much emphasis on it no matter what happens. If AOL recaptures the 25dma, the next target is 120, which provides more resistance and is more important technically as the most recent major peak. Below, support at 105, then 90. I am not yet convinced that the new buying has really begun. It is a judgment call. Some technicians would say it has. I need more time and a consistency of volume to confirm.