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Technology Stocks : STARBASE (SBAS)- InfoWorld Hot Product Review -- Ignore unavailable to you. Want to Upgrade?


To: TA2K who wrote (509)5/8/1999 8:56:00 PM
From: TA2K  Read Replies (1) | Respond to of 1502
 
Last night and this morning I've been studying intently all the SBAS charts I can construct.

Folks, you may find this kind of hard to believe, but SBAS price appears to be on the verge of one of the largest price increases in over a year.

And it looks like the jump will happen over the coming two weeks. Next week it looks like we'll hit $3.50 (Monday, Tuesday, or Wednesday). But the following week I expect $3.75 to be broken (unless $3.75 is taken out *next* week, which is a good possibility).

I do expect some retracement following the coming spikes. But looking at the charts, it seems crystal clear that some spikes are imminent.

Technically, we appear to be moving into the climax of a Fibonacci Wave 3. This is the most powerful of the forward price movements.

I'll get back tonight or tomorrow with more details. Please post any comments or questions.

It's truly exciting to be holding such a stock!