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Technology Stocks : Egghead Computer (EGGS) -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (1609)7/16/1998 12:55:00 PM
From: James Strauss  Read Replies (1) | Respond to of 8307
 
LG:

By looking at a weekly chart and drawing a line that connects the 1995, 1996, and 1998 price peaks we wind up in the 12.50 to 13 area... Usually, after a rapid run up in price a stock will test long term trendline support... The 12.50 to 13.00 area is where is the ultimate support test will occur...

iqc.com

Notice also, that the top Bollinger Band prior to the run up is slightly below 12.00... That is the area of price equalibrium... So 12.50 to 13.00 seems to be a reasonable support area...

Jim



To: HairBall who wrote (1609)7/16/1998 1:26:00 PM
From: trouthead  Read Replies (2) | Respond to of 8307
 
Just curious. What does BWDIK mean?

Thanks,
jb