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2/17/99 Micro Warehouse (MWHS)
Points to watch: MWHS has fallen below key
support levels today. The stock has fallen below support at 27.5. This level acted
as support 3 times last November and December. It also acted as resistance during
August 1998. The stock has also fallen below Gann support at 26.75 intraday today.
Stochastics, OBV, and RSI are in sharp downtrends. The MACD signal line has
given a sell signal. Short MWHS below 26.75 if the stock closes below support today
and remains below it tomorrow.
