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Technology Stocks : Corel Corp. -- Ignore unavailable to you. Want to Upgrade?


To: bhuvanarama who wrote (8240)12/20/1999 4:09:00 PM
From: technically_speaking  Read Replies (2) | Respond to of 9798
 
CORL is in sell mode

Its not that "I" am saying its in a downtrend......the technical indicators are what they are. They are totally objective.

The fact is, no one can accurately predict the support level for CORL, given its volatility and recent price movement. Its akin to predicting how much it will rain next week. No one really know, not the analysts, media pundits, institutional investors or traders.

My best guess is that there is significant downside potential given the stock's history. And until the technical indicators say otherwise, I expect the stock to keep falling.