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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: tajen who wrote (15131)9/3/1999 6:22:00 PM
From: MIKE REDDERT  Read Replies (2) | Respond to of 29970
 
Jeesh... talk about out of context. OK, let's try again...

ATHM is on the verge of breaking a very stubborn declining tops line. We will need more volume to do this decisively... volume that could be either news driven, sector driven or more likely, a combination thereof... and Tuesday will tell the tale of whether we succeed, or we gravitate back to the gap formed this morning on the open.

If we succeed, the declining tops line will become support, and we will have broken the down trend... at least in the short term.

I would suggest that everyone "stay tuned" Tuesday, as it could be a very pivotal day for ATHM. If it breaks out on volume, you will not see 37 for a long time, if ever... break-away gaps are rarely filled. But once again... we need volume to do this.

Mike