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Technology Stocks : BORL: Time to BUY! -- Ignore unavailable to you. Want to Upgrade?


To: Bipin Prasad who wrote (9606)3/27/1998 2:36:00 PM
From: E. Graphs  Read Replies (2) | Respond to of 10836
 
BPP,

BORL is showing what some call a coil on the chart and should break out soon. Resistance at 10 is there but has been worked, so if/when it breaks 10 it could see 13+- pretty quickly. I have a n/t target of 17+-.

Downside? At 9+- there is none. A breakdown from 9- could see it go as low as
~7 1/2, but there are many strong technical reasons against such a move at the moment. All bets off if market dives, but I would guess that even then the low might be ~7 1/2. ajmho.

Chart:

207.95.154.130

Users Will Cope Until Java Grows Up

computerworld.com

Regards,

E