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Technology Stocks : Wind River Systems - Technical Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Mitchell Jones who wrote (193)4/8/1998 9:20:00 PM
From: Mitchell Jones  Read Replies (1) | Respond to of 431
 
WIND's candle for today is a "Bullish Harami" which signals a change in direction. Confirmation will be a continuation of the increase tomorrow. In addition, stochastics have reached an oversold condition and are now signalling a buy.

In short, WIND seems to be in its' trading range with business as usual -- no sign of technical damage, just a continuation of the trading pattern which has prevailed for the past several months.

If I were a trader of WIND stock, I would buy tomorrow and expect a rise to the $42 to $43 level over the next week or so.

Mitch