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Technology Stocks : Vari-L (VARL) -- Ignore unavailable to you. Want to Upgrade?


To: JakeStraw who wrote (995)6/18/1999 12:03:00 PM
From: Yo Yo  Read Replies (1) | Respond to of 2702
 
Ya know Jake, I'm a fundamentalist...

And the fundamentals on VARL are fantastic, but I have to agree with you. So many investors are technicians, and what my successful technician friend told me was " it's got to get through that resistance just above $8". From what I know about reading charts, it looks like VARL is wound like a spring, ready to cut loose in one direction or another. My fundamental analysis says it should be UP!

I presume if it does close near $9, and it does it on volume, we will begin to see some company from trend watchers....

For you technicians, here is a chart on Clearstation.com

clearstation.com

Yo Yo