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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (16739)	6/4/1998 5:56:00 AM
From: chenys	Read Replies (1) \| Respond to of 45548

For a three week trend, Wednesday's move was in fact a gap-up breakout. The opening price was above the trendline and the intraday price never fell below that line. (If that was the May 27 created resistance line you talked about.) It should not be looking back from here. Don't short at 26. It may pause at 26 for a bit, which already happened intraday yesterday, but not for long. The 1-2 month downtrend resistance has been tested for three times now and will be easily broken since the breakout point and the resistance are simply too close. Well, unless INTC or MSFT drops 10% tomorrow, then ....oops.