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

To: Medisco who wrote (7261)3/8/1998 4:27:00 PM
From: Hippieslayer  Read Replies (1) | Respond to of 11555
 
I'd say to about 2! :-)



To: Medisco who wrote (7261)3/8/1998 8:33:00 PM
From: Woody_Nickels  Respond to of 11555
 
A general rule for TA is that a pullback will be 30-50% of the recent
move. For IDTIs situation it would be from (16-9)/3 to (16-9)/5 or
between 2.3 and 3.5. IDTI has already met the lower figure so any
further retracement should not fall below $12 1/2 to $13. Some in-
dication may be devined from support/resistance levels.
However IDTI sometimes has a mind of its own!
Ken


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