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Technology Stocks : Healthcare.com Corporation (Nasdaq: HCDC)was [HDIE] -- Ignore unavailable to you. Want to Upgrade?


To: Mighty_Mezz who wrote (1247)6/17/1998 4:41:00 PM
From: Starduster  Respond to of 15094
 
Thanks so much for the info on charts. This stock holds so nicely David. It's exciting to realize that no matter what happens in the market place, HDIE holds. It will start elevating on news which I hear could be any day now. Won't that be fun. Once that happens our ship will take off full speed ahead.

S



To: Mighty_Mezz who wrote (1247)6/17/1998 5:16:00 PM
From: Andrew H  Read Replies (1) | Respond to of 15094
 
>>The bulls and bears are still at stalemate.<<

For the moment. Soon the bears will be hibernating and the bulls will be running in the streets!!



To: Mighty_Mezz who wrote (1247)6/17/1998 8:37:00 PM
From: Raymond James Norris  Read Replies (2) | Respond to of 15094
 
From a technical perspective, so long as HDIE can hold 3 3/4 and above, everything is hunkey dorey. This will be the third showing of how weak the bears really are by how each low is higher than the last.

If 3.75 is broken, the 50 DMA is our next support and should not be broken. If what everyone is hoping for has any merit, the stock won't break below the 50 DMA.

The formation currently in play resembles a small cup and handle. The pivot point is 4 and the stock is forming a handle.

I say small because most cup and handles are 2 months in length at least. HDIE's looks more to be 1 month and a half.

Looking forward to this week and next. If we get a few more days basing at 3.75 and then a good push back up to 4, I don't think we'll see this area again for a long time.

Conservatively Yours,
Raymond J. Norris