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Technology Stocks : EURODOLLAR - SOFTWARE GOLDMINE -- Ignore unavailable to you. Want to Upgrade?


To: Ken W who wrote (102)3/12/1998 5:39:00 PM
From: wizzards wine  Read Replies (1) | Respond to of 124
 
Hi Ken, With regards to SYNT, after last fall the chart formed a triangle and then floundered a bit, finally blasting off. Broke a double top on 3-5-98 which gives another buy signal and has pulled back in a column of O's as low as 34. Your first sell signal is at 23 which forms a double bottom and would be your stoploss.

Chart is over extended and I'd like to see it give another buy signal at 39. This would then give a raising triple top which is a strong signal.

At this point there is not a P&F target until the chart developes further.

Hope that helps
Preston