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Strategies & Market Trends : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (577)	12/21/1997 11:33:00 AM
From: Dave H	Respond to of 2377

DIGL.... Put me down in the sell category. DIGL broke the uptrend line it had formed using august, october, and november intraday lows earlier this month in a big way. That line now provides a major resistance line and it is now at about 20. More troubling is the intraday violation of the only other acceleration line DIGL has, which was formed in june/july this year. The line is now at about 13. DIGL closed above it, but broke it during the day. If this line doesn't provide support, the next support line I see is at the 11 level, then 8...but note those are horizontal support. If DIGL breaks down below 13 this week, it could very well head into new lows. Finally, look at volume on the way up compared to the way down. Volume did not confirm the rapid rise, now that such huge volume is coming forth on the way down. digl looks like a falling knife to me right now. Best to let it find its bottom at this point.... -dave