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Technology Stocks : DELL TA ONLY -- Ignore unavailable to you. Want to Upgrade?

To: RealMuLan who wrote (191)12/22/1998 2:05:00 PM
From: TechTrader42  Read Replies (1) | Respond to of 202
I agree with you about the pullback. However, there's something else interesting about those bands. Notice how breakouts occur when the bands contract. The bands are somewhat contracted now, so while I believe the stock's in for a short-term pullback, it could move higher after that. But the contraction in the bands can also signal a breakout to the downside. With a stock like DELL, which is trending up over the long term, this is less likely.