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Technology Stocks : BEA Systems (BEAS) - Undiscovered Growth Stock -- Ignore unavailable to you. Want to Upgrade?

To: DJ Clancey who wrote (1348)9/26/2000 7:15:16 PM
From: Ginko  Respond to of 2477
 
That fact that BEAS has held its own during this tech debacle bodes well that it will break "resistance" around the 80 area and move substantially higher. Look for high volume to occur as those who are shorting at these resistance levels cover their position - which will add to the move.

The adage - old resistance becomes new support will ring true in this case.



To: DJ Clancey who wrote (1348)9/26/2000 8:21:03 PM
From: Howard Bennett  Read Replies (2) | Respond to of 2477
 
stockcharts.com

BEAS need to get thru $80 convincingly....and hold.

Otherwise....the chart pattern looks double top-ish (at least to me).


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