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Technology Stocks : All About Sun Microsystems -- Ignore unavailable to you. Want to Upgrade?

To: Dave O. who wrote (11381)	10/22/1998 8:11:00 PM
From: JC Jaros	Respond to of 64865

I'll state the obvious -- given SUNW is at an all time high there's absolutely no overhead resistance. But it is nearing it's upper Bollinger and RSI is approaching 80 where it tends to reverse. Stochastics is showing a short term overbought situation also. My best guess would be 56 on the upside in the short term. Okay, here we go. This would explain why my 'breakout' didn't happen today<g>. I think though (fundementally) that the opposite of this current TA prediction is about to occur. I think that the 'moving clue average' will be strongly impacted on the 27th when the 64bit Solaris 2.7 has it's deb party and SUNW 'ready to roll' interop roadmap is brought to light against the backdrop of the desktop company Microsoft mired in attorneys, bloat, and credibility issues. JCJ