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


To: country boy who wrote (6982)2/24/1998 2:44:00 PM
From: TED AROESTY  Respond to of 11555
 
Interesting that highest volume of the day occurred around noon and price ticked up to high for the day. There seems to still be plenty of buyers. Just being very cautious!



To: country boy who wrote (6982)2/24/1998 7:00:00 PM
From: Woody_Nickels  Read Replies (2) | Respond to of 11555
 
Can I add some to the TA? There is support at the previous highs at
13.50 - 14.00. It looks like we made a run at previous highs between
16.125 (in April '96) and 17.25 (in March '94). Today we closed right
at the 50 day MA on a daily chart. Longer term charts (3/5 day) still look ready to move UP. In the absence of any significant news between
now and EOQ, I expect the price to drift lower but still in range to
challenge the $16-17 resistance. If earnings continue UP so does the
stock! Maybe some anticipation of good earnings could appear in a few
weeks.
Happy investing!
Ken