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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (42858)5/10/1998 8:20:00 AM
From: donald sew  Respond to of 58727
 
Dave,

It looks like the MSH can easily set new highs. It was a MARAZUBO on Fri, which is a continuation signal.

As to how high, well once a new high is set it is in virgin territory and there is no historical data. Once and project by transposing similar patters but it is not that successful.

Subjectively, not by technicals, the MSH appears that it could, with ease, move up 5-10 points with help from the rest of the market.

Keep in mind that we are assuming that it will set a new high, which has not been accomplished yet, but seems likely.

Seeya