Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: jeremic who wrote (10678)	5/11/1998 10:07:00 AM
From: Kevin Thompson	Read Replies (2) \| Respond to of 21342

jeremic: "does anyone have any general comments-any technical guys want to suggest a good entry point?" $12 is holding right now as formidable resistance, since most investors strive to break even in their portfolio each year. However, what is resistance now will generally become strong support soon. If you like what WSTL's doing, get in now. Earnings date and pre-earnings jitters or euphoria somewhat destroy the technical picture, but in general, the trend is your friend. The stock has consistently moved up over the last week or so. While one week does not a trend make, the stock is still close to the 52 week lows, and obviously has plenty of room to run... Kev