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 : Ascend Communications (ASND)
ASND 202.23-4.2%Dec 2 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ricky who wrote (35231)3/21/1998 1:30:00 AM
From: Peter Yang  Read Replies (2) of 61433
 
The trading for ASND first show DISTRIBUTION in a long time, according to second opinion:

DOUBLE BOTTOM BREAKOUT (Very bearish)

COMMENT
Moving Average Convergence/Divergence (MACD) indicates a BEARISH TREND
Chart pattern indicates a POSSIBLE TREND REVERSAL
Relative Strength is NEUTRAL
Up/Down volume pattern indicates that the stock is under DISTRIBUTION
The 50 day MOVING AVERAGE is rising which is BULLISH
The 200 day MOVING AVERAGE is falling which is BEARISH
WATCH FOR RESISTANCE AT 36.19
STOCK broke DOUBLE BOTTOM (Bearish) Point & Figure Chart Formation
Last Week

RECOMMENDATION

STOCK SHOWS STRONGLY DETERIORATING CONDITIONS SCORE = -3
IF YOU ARE LONG; CLOSE POSITION OR MONITOR STOCK CLOSELY
STOCK IS NOT A SHORT SALE CANDIDATE
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext