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


To: Steeny who wrote (23076)6/18/1999 2:25:00 PM
From: Ed Forrest  Respond to of 41369
 
>> Today's price action looks like classic options expiry. You have to ignore traditional supports and resistance on days like this. There really is nothing on the graph till AOL gets to 115. Once options pressure is lifted and AOL is set free, the chart looks positive at the moment. Break above 120 would be very bullish(most recent major peak). Break below 106(consolidation zone) re-establishes bear trend.<<

Steeny
Thanks for the update.
Ed