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Technology Stocks : Adaptec (ADPT) -- Ignore unavailable to you. Want to Upgrade?


To: Bald Eagle who wrote (1489)3/30/1998 8:53:00 PM
From: Bob Huff  Read Replies (1) | Respond to of 5944
 
Not sure how you identify 17-18 as the support level.
TA said we would retest these lows, but the support
is in the $20 range. Check out the two year chart.

quote.yahoo.com

My own opinion is we form a base here before moving
up to complete the double bottom. William's %R is
indicating oversold. Need a move above the oversold
level to confirm some upward movement in the stock.

Also, TA assumes no more preannouncements!

Later,
Bob