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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: StockerJ who wrote (33037)10/22/1997 9:33:00 PM
From: E. Graphs  Read Replies (1) | Respond to of 58324
 
Jerry,

There are many bullish signals at the moment. Early on we had a very sharp reversal around 10/07. The move was ~25-23-25 on 5+mil volume either way, whereby the stock ricocheted off the 100dayMA. It was like water off a duck's back. Then we've got the stock acting strong on Freaky Friday (10/17), a down day for most others. Now we've got a decisive break of 29 1/8 on volume with building momentum and strong R/S.

S/T I'd say 35, at least. All jimho, and of course I could be wrong.

Good Luck,
E.G.