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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: AlanH who wrote (2665)4/26/1998 5:57:00 PM
From: smolejv@gmx.net  Read Replies (1) | Respond to of 11051
 
Steve's away so Im offering my limited insight into the matter:

While dojis dont tell me much (ME - but possible Steve would see something), it is evident that the stock is driving against the lower wall of the Bollinger channel.

Now,

a) it may bounce
OR,
b) bore through to create a traditional 2nd shoulder pattern,

which means, there's a significant correction coming.

SO, monday will be very much important for this stock

DJ

PS: have I said anything of substance?


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