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Technology Stocks : Alliance Semiconductor
ALSC 0.8100.0%Jul 10 5:00 PM EST

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To: michael i olson who wrote (5860)8/24/1999 8:58:00 AM
From: DJBEINO  Read Replies (1) of 9582
 
CURRENT STOCK PICKS
ALSC 24-Aug 11 7/8 target:14

stockpickstoday.com
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ALSC 8-23-99

Very near or right at breakout territory, and the techs say a confirmed breakout is doable. Classic rising triangle with price over the red Bollinger median and bumping up against the upper band on higher volume. Rising ADX with the +DI over the -DI and bullish OBV and stochastic trend. Daily resistance is at $11.50 and Weekly resistance can be found at $13. Conservative investors may wish to wait for confirmation of a breakout over $12 on increasing volume.

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