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Technology Stocks : TAVA Technologies (TAVA-NASDAQ) -- Ignore unavailable to you. Want to Upgrade?

To: Karl Drobnic who wrote (24237)	10/30/1998 1:03:00 AM
From: Nanchate	Respond to of 31646

Karl, According to the P&F Chart we broke a double top on 10/22/98 at $5 (P&F BUY SIGNAL) which also landed us right on the trendline. $5 1/2 broke above the trendline turning the trend positive on TAVA from bearish to bullish. The $5 breakout has now become support and that was reconfirmed and held today. TAVA is considered a Bull Alert 30+ according to the Dorsey discipline. TAVA should have never broken the triple bottom it had at $4 (9/3/98 by hitting 3 3/4) IMO but the chart broke down along with many others in the Russell 2000 in SEPT. TAVA hit the low of 2 3/4 on 10/8/98 and made a reversal to the upside when it hit $3 1/2 (10/12/98) and has continued its run all the way to $6 since that positive reversal. $6 1/2 is nearterm resistance according to P&F (which means it can run all the way to $6 31/32 and hold that resistance. It would take hitting $7 even for a nanosecond to break that resistance ;) TAVA has a nice positive momentum now. This recent dip to $5 1/16 did not change the P&F chart. It looks like we simply had some back and filling action. Lets keep those X's coming!

To: Karl Drobnic who wrote (24237)	10/30/1998 8:21:00 AM
From: Captain Jack	Read Replies (1) \| Respond to of 31646

JDN --- the resistance I see is around 6 1/2 - 7. I would not quibble with your more exacting figure of 6.63. I never think about pennies with this one. We need some PR, news, and a bit of help from the general mkt to run to 7--- then it should be easy sailing to 9++. Without the PR and some news to help generate interest and attention it will be like Jj throwing up a roadblock that will be timeconsuming and difficult to get through. Some of the things they are sitting on going out in an orderly manner could make us all smile. John