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Technology Stocks : IMRS racking up y2k contracts. -- Ignore unavailable to you. Want to Upgrade?


To: Les H who wrote (2511)5/11/1998 1:18:00 AM
From: eabDad  Read Replies (1) | Respond to of 3162
 
Les: I would agree with a rebound here to low 30s. I follow the 30w ma, and IMRS bounced right off it. I too would expect a retest, but whether it is a buy at the retest will be signaled by momentum indicators such as the slow stochastic I follow. Since we did not rebound to 35 (10w ma) before hitting the 30w, I actually like the chance of a major buy signal at the retest.
Z