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Technology Stocks : barnesandnoble.com (BNBN) -- Ignore unavailable to you. Want to Upgrade?


To: Sam2482 who wrote (756)8/7/2000 10:58:08 PM
From: HairBall  Respond to of 766
 
Vicki: BNBN <----- Initiated by positive news, a break away gap took place today. This gap up took place with a significant increase in volume and at the same time created an island reversal pattern. My intraday indicators gave buy signals prior to and at the break. Some back filling may occur, but for the most part...the chart looks bullish!

My QChart BNBN (BarnesandNoble.Com) 60-Min Semi-Log Chart
marketdirectionanalysis.homestead.com

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My QChart Trend Lines

My charts are screen captured at (1024 x 768) and are best viewed at that resolution.

Green lines are resistance trend lines or resistance horizontal price action areas.

Red lines are supportive trend lines or supportive horizontal price action areas.

Gray lines (SRLs) are either resistance trend lines, resistance price action areas, supportive trend lines or supportive price action areas that have been broken. They can now act as either support or resistance depending on price action.

Dark blue lines are formation lines.

Light blue lines are previous formations, but on occasion are used to depict longer-term formations as well.

Note: Some of the trend lines that appear on my charts may have been establish by one or more price action points not shown in the current view or snapshot.
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Regards,
LG



To: Sam2482 who wrote (756)8/8/2000 8:52:13 AM
From: Patricia Meaney  Read Replies (1) | Respond to of 766
 
Vicki,

Obviously the news was favorable even with the downgrade. Now will it sustain the increase? I stopped trying to figure this one out a long time ago. When I first got the 100 shares at the IPO price I thought I was the luckiest person (back when the dot coms were flying). The IPO performed poorly compared to all the others at that time. I started averaging down and tried trading it a few times. Luckily for me I sold all my shares at 15 with the exception of my 100 original IPO shares which I still hold. We shall see!