VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: P. Ramamoorthy who wrote (24378)	6/8/2001 3:02:39 PM
From: John Curtis	Read Replies (1) of 27311

Ram: I think we're more or less in agreement, although I don't consider VLNC's recent trading activity vigorous. More like back to a statistical norm. However, per askresearch.com it's clear volume IS on an upswing, and OBV continues to move strongly to the upside from April lows. And even stochastics are staying in what I consider a positive range. So VLNC appears to be setting up for the conference call. It's now entering either double top territory or break-out territory. Whether it continues to the upside post conference is, as always, predicated on management. So let's see how it goes. On another note....anyone have the cajones to try a JNPR trade right now? Heh! I keep looking, but that's all for now....looking. Talk about your negative surprises... John~

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