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Non-Tech : Trading IOMEGA based on technical analysis -- Ignore unavailable to you. Want to Upgrade?


To: stock bull who wrote (1377)2/22/1998 6:05:00 PM
From: E. Graphs  Read Replies (2) | Respond to of 1511
 
stock bull,

I have looked at the chart of IOM today and find no indication that the stock will move any lower than it already has. I feel that it has bottomed here. It's extraordinary that nearly 50,000,000 shares were traded on the last "dip" and yet it has held the curve/trend. I can see a natural move back to 12 from here. That area is where things shall be decided (and it's probably going to be wild!). All jmho.

quote.yahoo.com

I hope this input helps.

E. Graphs