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Technology Stocks : International FiberCom, Inc. (NASDAQ- IFCI) -- Ignore unavailable to you. Want to Upgrade?


To: Satch77 who wrote (1708)1/29/1999 9:12:00 PM
From: stockycd  Read Replies (3) | Respond to of 3541
 
Satch77,

I use TA to trade this stock quite successfully, here's my read...

1. My indicators look good. There will have to be 2-3 days of solid gains to move the most reliable indicators into overbought region.

2. Resistance at 8 15/16 and 9 3/4

Everyone keep in mind, if we ARE viewed as a popular internet play, most indicators and TA will be rendered useless until we peak. I will then just trade by candlesticks and try not to bail too soon. The trading rules will change when new people start trading this stock.

Just my opinion...
Chris