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To: Carole who wrote (7558)5/3/1998 11:46:00 PM
From: Galirayo  Read Replies (1) | Respond to of 9262
 
[ HEC ] Hi, Carole,

The Close on HEC Fri. makes a nice entry point. It's on the 50dma as well others as Support. Like the 89, 100, 150, and 200.
The Slow Sto is on the Up Trigger tonite.
Looks like it may hold in this area briefly or move up from here.

I'm showing a Short term down trigger but all the MAs should provide good Support. The lowest MA, the 200 is near $6.17 and at the bottom in that little Cluster. That's real close to the 6.25 Fri Close.

Then the Real Bottom Line Support is on the Upward Moving 300DMA at $5.82. I wouldn't want it to go much below this or linger too long there. Since it's upward moving that $5.82 will change a bit tomorrow.

Very Interesting Chart. That 300dma bounce pushed it thru the other MAs nicely. Better keep a Very Close Watch on it now.

Ray