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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?


To: uu who wrote (5960)12/4/1997 2:25:00 PM
From: LoLoLoLita  Read Replies (1) | Respond to of 64865
 
Looking at the chart, we have a big gap space between 40 and 45
when it rose through that space in the third week of July,
and then fell through that same space third week of October.

What that probably means is that very few current holders
bought in between 40 and 45. If that's so, then we (also,
probably!) won't be seeing resistance between those prices.
So my prediction is that it's going to sail right up to 50,
which was the previous support level.

With a 20-day Bollinger Band, it's edging through the top
(2-sigma) line, so we can expect to see some reactions downward.

Cheers, David



To: uu who wrote (5960)12/4/1997 4:29:00 PM
From: Sonki  Read Replies (1) | Respond to of 64865
 
good point . then i would sell at 54? Addi, great news for sun. i am happy. i just hope we go a little north of this 40 range.