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Technology Stocks : Zitel-ZITL What's Happening -- Ignore unavailable to you. Want to Upgrade?

To: Stanley L Brown who wrote (11886)10/23/1997 11:01:00 AM
From: Graeme Smith  Respond to of 18263
 
Zitel appears to have rebounded off 19 resistance again this morning. Looking at a 1 minute graph it appears to be relatively low volume suggesting that a lot of the strength may come from short covering. However it looks like 19 may be a difficult point to breach. On the other hand, if Zitel closes below 19 then I think that this will give be very positive psychologically from a shorts perspective.


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