SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Corel Corp. -- Ignore unavailable to you. Want to Upgrade?


To: Scott Volmar who wrote (8693)2/16/2000 10:51:00 AM
From: Pied Piper  Read Replies (1) | Respond to of 9798
 
I'm afraid you have got this backwards. The cup should form BEFORE the handle. In looking at the chart I don't see anything that looks like a cup-with-handle or your handle-with-cup. I am no expert in TA, so I would welcome others comments on this.

Long Corel.

Piper



To: Scott Volmar who wrote (8693)2/16/2000 11:36:00 AM
From: John Solder  Respond to of 9798
 
I see nothing good in the chart.
Trading below both 5 and 20 day MA and bouncing off the lower BB. Both RSI and OBV very weak. MACD also nothing supportive of a reversal. I see a continuation of the trend.

IMO, the general weakness of the chart coupled with the external pressure of MS2K rollout and INPR deal getting poor support, will cause continued stock price erosion.



To: Scott Volmar who wrote (8693)2/16/2000 11:45:00 AM
From: David Loomis  Read Replies (1) | Respond to of 9798
 
If you subscribe to a trial offer at the street.com and read gary b smith's recent corel reviews, you will get an idea from a technical point what is wrong.