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Technology Stocks : Metro One Telecommunications--MTON -- Ignore unavailable to you. Want to Upgrade?


To: cboothe who wrote (186)10/23/1997 4:04:00 PM
From: Doug R  Read Replies (2) | Respond to of 608
 
When MTON hit support at 8 1/2 today, the immediate rebound is a good sign of strength. I would expect to see a narrowing of the daily trading range as the downtrend and the uptrend converge in the next 2 or 3 days. When the price pops through the downtrend line, the uptrend will be confirmed and the price will start a good swing up starting Wed. at the latest.

Doug R