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Technology Stocks : Egghead Computer (EGGS) -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (3468)	11/12/1998 4:36:00 PM
From: Wayners	Read Replies (2) \| Respond to of 8307

I've got my pennant drawn already for a probable consolidation region. And based on that, I've got my prediction for a daily range tomorrow between about $12 even and about $13 1/4. Connect a line between two recent highs near $14 on a 60 min chart. Draw a corresponding line from $11 1/2 low upward at a complementary/supplementary ? angle--it goes through about $12. I'm betting against the uptrendline connecting lows on 5 Nov 6 Nov and 12 Nov holding--EGGS closed right on that line today at $12 3/8. Give it a few days to base out/consolidate on lower volume and the AMZN rumor will reemerge.