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Technology Stocks : 3Com Corporation (COMS) -- Ignore unavailable to you. Want to Upgrade?

To: Bruce L who wrote (25198)11/24/1998 3:06:00 PM
From: joe  Respond to of 45548
 


Bruce,

I skipped through the "rising window", "shadow" and "Candlesticks" theory. (I'm still working through TA 101 under Wayne "the TA master")<g>

But, I agree with your conclusions, therefore you must be right<g>

Conclusion: We have important support at 40 3/16 and if by the close of trading Friday (markets closed Thanksgiving) we close above 40 3/16 then COM$ WILL continue its upward progress.

joe



To: Bruce L who wrote (25198)11/24/1998 4:17:00 PM
From: matt fahy  Read Replies (2) | Respond to of 45548
 
>>If we assume, as I do, that yesterday (11/23) was a "rising window" and assuming that in the following 3 trading days we do not fill that window (by closing below 40 3/16), then things will look very, very good for COM$....However, these candlestick patterns can be interpreted somewhat flexibly. <<

I think you misinterpreted the charts, go back and read them again and let us know another positive conclusion ;-), COMS closed $39 15/16



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