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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (23623)	6/25/1999 12:15:00 PM
From: E. Graphs	Respond to of 93625

bp, Well, you're right b/c in a way it is a battle. There is also a channel on the weekly chart with support at the gap, and if the market were particularly brutal today we might have broken support to fill it. However, there is also very good support at the breakout ~91 now, as shown on the daily. If this will hold into the start of next week then RMBS maybe will have changed its trend to the upside. If not then we are just filling the channel. Either way RMBS is in an uptrend.......not good news for anyone short under 74, imho. I think that's why we got some shorts visiting the thread last week. Regards, E exchange2000.com