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Technology Stocks : INVX Innovex Comdex Winner !! -- Ignore unavailable to you. Want to Upgrade?


To: Doug Bean who wrote (1869)12/12/1997 6:37:00 PM
From: Art Baer  Read Replies (2) | Respond to of 3029
 
Technically INVX looks like absolute crap. It has broken through allmost all of its resistance and if it breaks through 18.5 (It's 52 week low) then we will see 16. I think if we break the 52 week low we will have long term support at 13. I will be buying there. However, if it does form some sort of bottom anywhere near these prices I will be buying also. However, I would not buy now because INVX shows no signs of moving up. Fundamentally this stock did not change today, only technically. This is bad short term and not a place to enter.

Good Luck,

Art