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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST
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To: DJBEINO who wrote (2664)2/28/1998 6:27:00 PM
From: Woody_Nickels   of 9582
 
What that doesn't recognize is that the short term moving avgs (10/50
day) are ready to break thru the longer term moving avgs (100/200 day)
which is the only way the long term MAs will reverse trend. Once the
short term MAs get above the long term MAs the longterm trends begin
to change direction and the long term MAs provide price support...
VERY BULLISH!
Failure to break above the long term MAs would be bearish.
Ken
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