Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 197.66

+0.4%

2:53 PM EST

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To: Jeff Jordan who wrote (39845)	3/18/1998 4:02:00 PM
From: Peter Yang	of 61433

ASND is now trading very close to 50 MA. This had not been seen before yesterday for a long time. MACD also indicates a bearish trend. If ASND falls below 50 MA in next a few days, it could spell trouble for longs. Otherwise it could rebound to $35-$37 again.

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