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Technology Stocks : Netscape -- Giant Killer or Flash in the Pan? -- Ignore unavailable to you. Want to Upgrade?


To: Larry S. who wrote (2816)4/19/1998 6:30:00 PM
From: Margarita  Read Replies (1) | Respond to of 4903
 
Larry Shapiro: "The stock did fill the gap caused by the sharp decline in late December"

Looking at the chart of NSCP it looks to me that the gap you are
talking about was filled on 2/5/98, and looking at the l min. chart
it looks like inverted head and shoulders formation, looking at
the 5 min.chart looks like regular head and shoulders formation.
The 1 min chart the inverted head and shoulders formation is telling me that it is going to go higher there is support in the area of 21, and we went 2 1/2 points lower with arround 15 million shares. So that tells me that we might go higher.

This just my opinion.

Good luck to all!