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Technology Stocks : AUTOHOME, Inc -- Ignore unavailable to you. Want to Upgrade?


To: M. Frank Greiffenstein who wrote (23930)7/25/2000 7:52:27 PM
From: E. Davies  Read Replies (2) | Respond to of 29970
 
Classical TA says that we just broke down *below* the 3 month base. Thats a bad sign. The base now becomes a well built resistance above.

The possibility exists however that a stock that has technically broken below support can rapidly snap back and resume walking in the base. I feel most people attempting classical TA are too rigid in their interpretation of support levels.

I don't see it happening here though. Too many bad things all at once.

Eric



To: M. Frank Greiffenstein who wrote (23930)7/25/2000 8:24:51 PM
From: ahhaha  Read Replies (1) | Respond to of 29970
 
If you want the very best technical opinion that is way beyond "TA", just ask Grace.