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Technology Stocks : How high will Microsoft fly? -- Ignore unavailable to you. Want to Upgrade?

To: Teflon who wrote (18503)3/22/1999 3:04:00 PM
From: RTev  Read Replies (1) | Respond to of 74651
 
I'm not good at spotting the handle part, but I don't think MSFT has formed the handle. Just the cup. If today's close is below 175 15/16, then it would complete the cup formation started on 2/1 (except that it sprung a hole on 2/23).



To: Teflon who wrote (18503)3/22/1999 3:21:00 PM
From: Gerald Walls  Read Replies (1) | Respond to of 74651
 
Gerald, where are you seeing the cup and handle? I just don't see it. Which chart are you looking at?

I agree, I don't see one either.

I had said that I wouldn't be disappointed if MSFT flattened out here and formed a cup-and-handle instead of immediately continuing higher and then someone asked what a cup-and-handle had to do with the stock's price.


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