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Technology Stocks : IATV-ACTV Digital Convergence Software-HyperTV -- Ignore unavailable to you. Want to Upgrade?


To: lazarre who wrote (8885)1/13/2000 9:35:00 PM
From: jon zachary  Respond to of 13157
 
if we look at a 50 day chart of iatv it is plain to see that we are at critical support levels.

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macd, momentum, stochastics, all pointing down..also closed today below 50 and 200 day moving averages..if we dont pick up the support shown on the graph at current levels we will definately fall to the low 20's..i am not saying either way what will happen, but if we do close below these current levels than a drop to low 20's is immenent.

for the record, i hold iatv as a long position and do not short the stock. i also trade on short term swings. i love the technology and feel they are very well positioned for the future. the fact is though that there are no revenues to speak of now and in the near term either..with that said, any drop in price brings upon a great buying opportunity because we all know what the future will bring. keep in mind that iatv is still very far away regarding significant revenue streams.

gl2all....jZ