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Technology Stocks : Osicom(FIBR) -- Ignore unavailable to you. Want to Upgrade?


To: bill banks who wrote (5022)1/29/1998 3:07:00 PM
From: James Strauss  Read Replies (1) | Respond to of 10479
 
Support Base...

>>>would you be kind enough to define what you call a 4 1/2 ++ base<<<
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Bill:

The 4 1/2 base is a price point area of support... A look at the chart shows a lateral price plateau in the 4 1/2 area during Sept and Oct of last year... The 4 1/2 price point also sits on a 13 day Moving Average... This offers additional confirmation that 4 1/2 represents the current basing support area...

iqc.com

Jim