Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: Chisy who wrote (7544)	1/16/2001 2:20:43 PM
From: Jibacoa	Read Replies (1) of 13094

VLNC: The news about Hamil and the "chianese company" looks encouraging since it seems the plant in Korea is now ready to produce. The $30 million deal over 5 years will amount to $6 million per year if they get final approval from the government in China. It seems the stock should close today over the Dec. H.(10 7/16)and should then test the resistance in the 13 3/8 to 14 level. The stock started to have a positive cash flow on Friday.On the 60 min.chart it gave a buy signal at the start of the trading on Jan.10. It has not closed today's early up-gap. Support is now at the 10 1/2 to 10 3/4 level.Trading at 11 7/32 at present on volume of 847,800 with a B/A 20/5 RAGL Bernard

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