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Technology Stocks : Creative Labs (CREAF) -- Ignore unavailable to you. Want to Upgrade?


To: Douglas V. Fant who wrote (9771)2/15/1998 7:45:00 PM
From: prakash  Read Replies (1) | Respond to of 13925
 
Doug, actually CREAF has been setting lower lows and higher highes. The lowest we have seen since Jan 98 is 16.125 on 1/12 and then we saw 16.6875 on 1/27 and the recent low 18.4375 on 2/11. When we tried to move up from the first two lows we hit the brick wall at 20. But we broke thro' 20 and 22 with the recent low.

If we get some good news before tuesday, we may not go below 23 for a while. Otherwise, my guess is we will see 20-21 which use to be the resistance but now as a support. (personally I would like to see 20 before we take off to new highs)

This is my 2 cents worth. BZ what do you think?

Prakash