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Non-Tech : Iomega Thread without Iomega -- Ignore unavailable to you. Want to Upgrade?


To: HardMoney who wrote (3264)11/5/1998 10:39:00 AM
From: Ben Antanaitis  Read Replies (1) | Respond to of 10072
 
Frank,

Yes, I'd opine that the Bearish Resistance Line has been broken. ;-)) What is important about this is that we, here on SI, aren't the only ones looking at this chart. The WS tech analyst's also use this technique and they have been watching it too. I just share the info with you all. I also expect some technical upgrades will be forthcoming. JMHO

Resistance points are shown on the chart posted yesterday. Each intersection of one of the 45 degree lines across the current column (X's) is a potential 'stalling' or reversal point (resistance point).

BTW in my last post I have a link to a vertical price objective calculation based on last night's chart.

Ben A.
ez-pnf.com