Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : CheckFree Holdings Corp. (CKFR), the next Dell, Intel? -- Ignore unavailable to you. Want to Upgrade?

To: jjs_ynot who wrote (6572)	6/22/1999 12:39:00 AM
From: Scott Williams98	Respond to of 20297

Hi Dave, For the most part, yes. The 50 DMA should be some pretty solid resistance now for CKFR. And I agree with you, the target of high $20's would be based on some more 'net weakness (which doesn't seem to be happening right now). CKFR held the strong support of $35.00 when the NAZ "corrected" recently, and bounced off that support nicely. That was a good signal. The short theory would be the 50 DMA and the descending triangle CKFR broke down through. In this market, anything goes...so who really knows. Just a little speculation. Best of luck SCOTT