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Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?

To: BubbaFred who wrote (58250)	2/15/1999 8:23:00 PM
From: BubbaFred	Respond to of 58324

On TA basis, IOM's weekly chart is under RSI and Stochastic sell signals, which will limit any short term up move. Daily chart is slightly positive, but the weekly chart is usually dominant. Short term (5 days), the up potential is only to 7 1/2 to 7 3/4. For intermediate term (6 - 8 weeks), the up potential is 8 to 9. Support is at 6. If support at 6 is broken, then the next support is 3. In the intermediate term, it doesn't look like it will decisively break down below 6. Maybe only to the 5 1/2 - 6 level. I think IOM is tradable between 6 and 8 1/2.