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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: jhg_in_kc who wrote (137353)7/22/1999 2:15:00 PM
From: Shadow  Read Replies (2) | Respond to of 176387
 
On 7/9/99 DELL gapped up from 39.94 to 42.81.
That left a broken space in the line on a DELL chart.
TA people believe that a stock can't maintain a steady ramp up
until it falls back and fills the gap in the line.



To: jhg_in_kc who wrote (137353)7/22/1999 2:34:00 PM
From: Bald Eagle  Respond to of 176387
 
Look back a couple of weeks. There is a "gap up" in price i.e. the open price one day was higher than the close price of the previous day. One TA theory is that when this happens, the stock price will go back to the price before the gap up.
See here:
techstocks.com



To: jhg_in_kc who wrote (137353)7/22/1999 3:41:00 PM
From: Bald Eagle  Respond to of 176387
 
RE: Gap up
Check back about three months. A similar gap happened then.
techstocks.com


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