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Technology Stocks : VIAB (Viacom Class B shares) formerly CBS -- Ignore unavailable to you. Want to Upgrade?


To: TTOSBT who wrote (2962)12/2/1998 8:23:00 AM
From: Larry S.  Read Replies (1) | Respond to of 4613
 
bullish technical pattern on CBS. stock broke out of its 27-30 range yesterday, a range that its been in since late october. it now seems that CBS will not have to fill the small gap from 26-27 from late october. stock, especially fueled by a hopefully sucessful INF IPO, should move back to test the 35-36 range of july and august. Assuming it gets to 35-36, will probably back off to 32-33, then move up through the 36 resistance to low 40's. time frame: next 2 months. hope i'm right. larry