VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Zeev Hed who wrote (8957)	3/5/1999 11:15:00 PM
From: Jibacoa	of 27311

<<<Breaching its resistance at $7>>> I tend to disagree. The stock has been making "higher lows" since the 5 3/8 intra-day low on December 21. It seems it has made a big "flag" Today's close 1/16 above yesterday's is the first time it closes above the previous day in the past 8 days of trading (since the slide-down after completing the double top at 8 5/8 on February 9)Albeit it had a good help from the "General Market" I am betting on an "upside" break out, but not planning on adding until above the 8 5/8 Good luck and have a nice day.

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