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 : VALENCE TECHNOLOGY (VLNC)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hcirteg who wrote (25325)2/10/2002 9:10:07 AM
From: Greg McDaniel   of 27311
 
HC, Technically the candle is a hammer. However, it is not significant. Hammers are significant at cycle lows and highs. VLNC has been range bound from 3.90 to 4.20 This hammer closed in the upper end of the range but not at high of range. thus it is not a cycle high.

However, considering the rampant speculation on Yahoo, the 300k block , the CC on 2/14 and the cryptic post of 11.02.02, I believe VLNC will be breaking above the 4.20 range next week.

Concerning the 11.02.02 post, either this person is playing a mind game with us or something will be happening Monday. This poster had originally posted 14.02.02 IHPAD.

If I see VLNC breaking above 4.25 on some volume I may purchase some additional shares and sell into anything North of the previous high(4.75). I still have half of the shares I purchased in 3.50 to 3.70 area.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext