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Technology Stocks : Ascend Communications (ASND)
ASND 205.50-1.5%Dec 5 9:30 AM EST
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To: Roger who wrote (7629)7/29/1997 4:22:00 PM
From: vegetarian   of 61433
 
A look at ASND chart shows that its 20 DMA has crossed 50 DMA on the
upside generating a buy signal. The 20 DMA has a sine wave shape with 50 DMA acting as its axis. A similar cossover at the end of May shows that ASND hit 60 after that buy signal was generated. The volume appears to be encouraging. We may have some more upside from here.
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