SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Global Crossing - GX (formerly GBLX) -- Ignore unavailable to you. Want to Upgrade?


To: Scott Williams98 who wrote (870)5/13/1999 11:05:00 AM
From: Nick Papa  Read Replies (3) | Respond to of 15615
 
Help on TA:

I see an ascending triangle with a top (resistance) of around 59. I also see an old high of about 62-62.5 (resistance) that we needed to break through (and did) with strong volume (which we have).

So, if GBLX holds above 63 (currently at 63 1/4 as I write this), where do we go from here? Is it the diff between the recent resistance (59) and the old resistance (50)? That would put us at 68 (59+9) if I'm close.

As you can tell, need help in understanding the tea leaves. Please lead this blind child from the darkness.

Thanks in advance,

Nick