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Technology Stocks : Metro One Telecommunications--MTON -- Ignore unavailable to you. Want to Upgrade?

To: MIKE who wrote (484)10/9/1998 10:00:00 PM
From: ChrisJP  Respond to of 608
 
Hi Joe,

It's clear that MTON is being accumulated, I suspect in anticipation of a good earnings report which is probably just under 3 weeks away. The chart looks so-so (but remember the markets were really rough this week).

iqc.com

We have to break into the 8's (and stay there) in the next 2 weeks to stay above the red line and keep the uptrend intact. Resistance is strong as you can see how long it hung out in the low 8's in July (where I thought we had bottomed).

Regards,
Chris


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