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Technology Stocks : PWAV- the hot new IPO -- Ignore unavailable to you. Want to Upgrade?

To: JRobinson who wrote (787)2/3/1998 10:44:00 PM
From: Mike Winn  Respond to of 1491
 
JRobinson,

I like the moving average method because it's the simplest TA method that works. PWAV has moved to the 14 level for almost a week now and has consolidated very well. Volume has dropped below the average in the last 2 days, so I think the distribution is over and it's time for the stock to move up again within a week assuming there is no bad economic news. JMHO.

Mike.


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