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Technology Stocks : America On-Line (AOL) -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (11684)	4/20/1999 12:59:00 AM
From: Technician	Read Replies (3) \| Respond to of 41369

I said a couple of days ago that AOL will test the 50 DMA, it did that today and bounced off it sharply, A VERY POSITIVE SIGN, ( 112 is the 50 DMA). This tells me that AOL has maintained its uptrend, is OVERSOLD and will bottom out around 110 then go higher. I had thought earlier that it might sell of to a 100, but AOL has a very strong support at its 50 DMA and were it to decisively voilate that we could even see 85 but this looks almost IMPOSSIBLE! Remember my OMINOUS! post.