VALENCE TECHNOLOGY (VLNC) Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hcirteg who wrote (25325)	2/11/2002 7:22:25 AM
From: Greg McDaniel	Read Replies (1) of 27311

A significant hammer to compare to... HC, Take a look at FLSH. Friday it finished with a significant hammer. A hammer is a candle stick with a small body near the end of the day's range with a tail that is at least twice as long as the body. It would appear to be bottom of a cycle low. It is more than 25% from its 20 day moving average and the volume on Friday was above average. The market is expected to rally a couple of days. So there are a lot of compelling reasons to enter FLSH as a 1 to 3 day swing trade. If anyone was short FLSH this would be a good place to cover and then re-enter the short after the next cycle high. VLNC hammer looks insignificant as compared to FLSH.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next