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

To: David Petty who wrote (25396)	7/10/1999 3:08:00 PM
From: Ed Forrest	Respond to of 41369

Interesting read: Wall Street Trader's Column Tech Pick of the Day written by Harry Aloof U.S. Markets Closed AMERICA ONLINE (AOL) Technical Viewpoint: From a low of $89 1/2 on June 14, 1999 prices rallied, reaching a high of $116 5/8 on June 22, 1999. A decline saw prices pull back, reaching a low of $98.00 on June 28, 1999. Another rally saw prices penetrate resistance line "A", closing yesterday at $127 5/8. Technicals: MACD-Histogram (MACD-H): A Buy Alert! was given on July 8, 1999 when the Histogram crossed the “0” line to the upside. Support: Remains at $114.00. Resistance: Is at $138.00. Point & Figure: Reversed to the upside on June 30, 1999. A P&F downside reversal takes place at $120.00 Summary: Technical indicators have turned bullish. BUY! AMERICA ONLINE (AOL-NYSE) @ $129 1/8 Stop: Use a protective stop of $125 7/8. Price Objective: $168 Risk/Reward: $3 1/4 VS. $38 7/8 Risk/Reward Ratio: 12:1 View the Technical Charts Ed