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Technology Stocks : Wolf speed -- Ignore unavailable to you. Want to Upgrade?

To: Bretsky who wrote (3240)	7/27/2000 10:57:51 AM
From: Yogizuna	Respond to of 10714

No. <LOL!> Just kidding, be right back. The weekly chart is now in danger of rolling over to the downside with the slow stochastics, but there is support on that chart between roughly the 105 to 110 area. On the hourly chart, there is now a small gap north of the 126 area which should be eventually filled in on a later rally. The hourly chart is now "insanely" oversold, but unfortunately, the daily chart is only now starting to become oversold. We could be setting up for a "positive divergence" technical situation on that daily chart, which would signal a bottom finally coming in. For those following my subject area, we have had CREE on an "out" signal (no position) throughout most of this decline. Yogi