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Technology Stocks : Winstar Comm. (WCII) -- Ignore unavailable to you. Want to Upgrade?

To: Brian Coakley who wrote (2991)	11/25/1997 10:53:00 PM
From: TATRADER	Respond to of 12468

Brian, WCII is a trading range stock at present....Bollinger bands reveal the trading range from 25.57 on the downside to 30.12 on the upside...The last time the stock moved toward 30, it encountered some good selling in the 29.00 area....You have minor support at 25.50 and major support to the downside at 22.50....Several of my oscillators are in a bearish divergence with price today...Namely McClellan, Ultimate, and simple Volume oscillator...My take is that the stock will test the support at 25.50.........If we don't heat up with volume at the 25.50 level and the stock penetrates to the downside, you should get good buying on the stock in the 22.50 area.....RSI is still above 50 which speaks well of the uptrend continuing one of these days.... Regards, Mark