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Non-Tech : Trading IOMEGA based on technical analysis -- Ignore unavailable to you. Want to Upgrade?


To: Rocky Reid who wrote (1441)5/18/1998 11:13:00 AM
From: Ben Antanaitis  Respond to of 1511
 
Rocky,

There is support at 7 1/8 and 6 3/4. I will be posting a new EZ-PnF chart for IOM early this week so everyone can see it.

I think this may just be gap filling, and some 'oh my god, what if they don't ship w98 and no one buys another computer again'.

The pre-very early-Max-Pain point for June is $10... It has been 7.5 for the past few months and hit it.

Ben A.



To: Rocky Reid who wrote (1441)5/19/1998 6:26:00 PM
From: RealSmith  Read Replies (2) | Respond to of 1511
 
Rocky,

What indicator(s) convinced you to buy IOM at this point? The Stochastics seem very positive now.