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Technology Stocks : RATIONAL SOFTWARE- BUY OR HOLD -- Ignore unavailable to you. Want to Upgrade?

To: digger who wrote (2732)11/20/1998 1:33:00 PM
From: digger  Respond to of 3115
 
boy aren't i, "the kiss of death"!

re: yesterdays breakout, todays breakdown! - even with news of insider profit taking (i believe they have earned it.)followed by todays sell off i will continue to hold. if not mistaken earnings are due out within the next month, could be interesting...imo higher highs and higher lows will continue?

regards



To: digger who wrote (2732)11/20/1998 2:03:00 PM
From: Cesare J Marini  Read Replies (1) | Respond to of 3115
 
Actually, all the TA signals showed a short-term top. The RSI peaked above 80, the stochastics were signalling an overbought condition, and the Money Flow Index for this stock was showing a temporary top. The upper Bollinger band had been tagged as well.

Joe



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