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Technology Stocks : PSFT - Fiscal 1998 - Discussion for the next year -- Ignore unavailable to you. Want to Upgrade?


To: Raptor who wrote (1584)7/22/1998 6:07:00 PM
From: GJD  Respond to of 4509
 
I was referring to Japanese Candlestick Charting. A Hammer formation happens when the open and close are about the same (42 1/2) and the low is a few pts lower (40 1/8) giving the appearance of a Hammer. Technically, from a short term view this could be Bullish. Long term everything is driven by Fundamentals, and last I checked 60% growth is still not bad.