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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: tech who wrote (7866)	11/17/1997 9:07:00 AM
From: tech	Read Replies (1) \| Respond to of 13949

Analysis of TPRO as of close 11/14 The upper Bollinger band is at 6 27/32 and the lower is at 5 21/32 The 49day moving avg. is at 6 TPRO has been range bound for the last couple of months. The high end of this range is at 7 and the lower end is at 5 1/4. There is strong support for the stock at the lower range and any dips at or near this range should be considered buy signals. The upper range was last tested on 11/4 The upper and lower Bollinger bands are starting to constrict once again, and as was the case last time, this should lead to a break-out to the upside. If TPRO crosses and closes above 7 then the next resistance will be at 7 1/2. If we break through resistance there, then we should test the high at 7 7/8. Rating - Accumulate while stock is in trading range. TPRO would be considered a strong buy once it crosses and closes above 7.