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


To: William Wang who wrote (18733)7/7/1998 8:29:00 AM
From: Box-By-The-Riviera™  Respond to of 45548
 
Some TA.....

Analysis of the rate of change of the exponentially smoothed average price suggests that a cycle top is forming for this equity. The rate of change is now declining indicating distrubution is taking place. This is a bearish reversal indication in this market.

The equity price has crossed and closed below the long term 4% exponentially smoothed average price. This indicates a continuation of the current price movement and is considered a bearish signal which is sometimes followed by a downward movement in the price of the equity.

The equity price has crossed and closed below the short term 18% exponentially smoothed average price. This indicates a continuation of the current price movement but it is subject to whipsaws. This is a weak bearish signal that could be followed by a downward movement in the equity price.