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Technology Stocks : Lucent Technologies (LU) -- Ignore unavailable to you. Want to Upgrade?


To: Craig Kaltner who wrote (6507)3/2/1999 9:19:00 PM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 21876
 
Fro those not believing in TA, today was a classic reversal based on TA in LU price action.

LU it the Fib. lines around 104 5/8 and reversed. This does not mean that one should trade based on TA signals only (you will lose your shirt) but it is worth to know that TA also works.

This morning I sold several LUCA at 4 1/8.

See LU chart which I posted yesterday at bway.net

(enlarge the PDF file to 600% see the details)

BWDIK
Haim

BWDIK
HAim