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To: ComSolut who wrote (33227)5/12/1998 1:44:00 PM
From: DavidG  Read Replies (1) | Respond to of 53903
 
Comsolut,

The uptrend line was broken yesterday when MU closed below 31 1/4. Today it also decisively broke below the 50DMA. So you can expect the next support levels to be tested as Ratan suggested. First 29-29 1/4 and then 27 1/2 to 28.

Good Luck Trading

DavidG



To: ComSolut who wrote (33227)5/12/1998 2:13:00 PM
From: TREND1  Respond to of 53903
 
ComSolut
You may be right, but the rules I follow
indicates a re draw of UP CHANNEL at this time.
Remember that channels are not an exact science.
Larry Dudash