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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Paul V. who wrote (22956)8/12/1998 11:43:00 PM
From: Barry Cartwright  Read Replies (1) | Respond to of 70976
 
I am not sure how you get support at 29. Lower channel was 27 which happens to coincide with the consolidation that occured in Jan-Apr 1997. If that does not hold, maybe support at $21.50, which was consolidation and resistance in 95-96. If that does not hold, 1995-1996 could repeat where the rally was totally negated and the retracement was 100%. The support would then lie at $11.