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Technology Stocks : IDTI - an IC Play on Growth Markets -- Ignore unavailable to you. Want to Upgrade?


To: Steve Lewis who wrote (6175)1/30/1998 12:51:00 PM
From: flickerful  Read Replies (1) | Respond to of 11555
 
i wish i were a more seasoned
technician so that i could provide
more specific answers.

the significance, as i understand it:
the tighter the squeeze, the more
internal strength for any resulting move.

i am not sure i understand what you mean
by clues from the up or down move: once
the move is made, in this case, an uptrend...
we can only watch to see how much pop
it contains. understand it is only one of
several upside indicators here, and once
it goes up, or down, i don't see it reversing...

i hope that helps: i am no expert, merely an
observer, who tries to read what i can to
understand these nuances.