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To: Slava Chechik who wrote (7096)2/2/1999 11:31:00 AM
From: Thean  Read Replies (1) | Respond to of 14427
 
Slava,
LOR popped up on Trading Idea a week ago after it successfully close above its $20 resistence. This is a slow moving stock with pretty high volume so I would use the BB to define its near term support/resistence. I see $23 as the upper BB and $21 as the midline BB. The trend is a slow but steady "up" until the tech market sentiment changes. If we get a selloff, LOR should also participate fully but I think it should also bounce back first. I think LOR's trend movement is like a smaller CD which is also breaking into new ground with high volume but keeping a very slow pace.