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Technology Stocks : Sapiens International Corporation (SPNSF): Turn around...? -- Ignore unavailable to you. Want to Upgrade?


To: marcher who wrote (1375)3/14/1998 1:37:00 PM
From: uu  Respond to of 1936
 
From the accumulation and volume pattern of last week I believe the stock will soon be getting some serious attention. A lot of resistance at $8 coming from people who have been holding the stock for the past 6-8 months who continue to believe once at $8 it will go back down again to the $6 range. However I have a strong feeling from the volume it is a totally different situation. SPNSF and its $8 resistance barrier have been sort of like the boy who cried wolf!, but this time I think it is telling the truth!

The Russel 2000 index and small caps are in an uptick mode and have been setting new highs. The trend seems to have no ending at this time.

As always just my humble opinion.

Regards,

Addi Jamshidi