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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (20627)10/3/2000 3:48:44 PM
From: John Curtis  Read Replies (1) | Respond to of 21342
 
$11.31 x $11.37. Hmmmmm.....at least WSTL, with this current yank down from $12 to ~$11.18 this afternoon (after pressure was removed such that covering pushed it briefly back above $12--a guess by the way) is proving to have become very predictable. This predictability is made all the easier by observing what's happening over on Island and Archipelago. Here's a 3 dimensional real-time site to conduct ECN related observations:

3dstockcharts.com

Now let's see if the pressure is released again here in the final 15 minutes so that it floats back up to the mid-$11's. If so then I see it as a set up for another bear trap like what occurred in the first 30 minutes of trading today. Me thinks we see $10 tomorrow.

John~