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


To: Mare Britton who wrote (37565)1/13/2000 3:04:00 PM
From: Rob S.  Read Replies (1) | Respond to of 41369
 
I think so. I will be closely watching the trading flow toward the close. It is not unusual to retest the support level 2-3 times (or several more) before it has burned off the selling pressure and can mount a sustained move up. I'll post latter what I think (as frail as that might be).

By chance, AMZN and AOL are linked by virtue of having similar prices and support levels: AMZN's support is strong at 63 (lot's of base-building trading history at that price). AOL has less history at this level but it still looks like substantial support. Both stocks may bounce around near the support levels before they stage a solid rally from this level - if they ever do.