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Technology Stocks : Wind River Systems - Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: contax who wrote (294)11/2/1999 7:51:00 PM
From: Sultan  Read Replies (1) | Respond to of 431
 
Have been lurking here and reading your posts and I debated buying this morning but thought might pull back little bit..So much for that.

So what is your target ????



To: contax who wrote (294)11/3/1999 11:39:00 PM
From: contax  Read Replies (1) | Respond to of 431
 
Buying in WINd continues unabated...

Looks to me like the so-called cognoscenti may have gotten WINd of a very healthy earnings' surprise!?!

As I stated in my last post, $25 is in "overbought" territory. Even though WINd closed at the high for the day, it may be running out of steam here.

Tomorrow, I suspect it will try to pierce the high of $25.50 set in March and then retreat a little to take a breather. The MACD and the Stochastics are both signaling "overbought."

A retracement here will be quite healthy, imho.

As an aside: I am a little baffled by the lack of enthusiasm shown by WINd investors on SI at this great run by our little Gorilla. I know they would all be out of their secret hideaways screaming bloody murder if WINd dropped $7 in a week...

To put things into perspective: This $7 dollar run by WINd is akin to a $70+ run by Qualcomm...

Our little Gorilla deserves better...

Karim