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Technology Stocks : Ascend Communications (ASND)
ASND 199.990.0%Dec 19 3:59 PM EST

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To: Pullin-GS who wrote (9642)8/24/1997 3:26:00 AM
From: Jeffery E. Forrest   of 61433
 
That's why I asked what periods he was using. I'm getting a reading very similar to yours. It had hit thwe lower band on the 11th and 12th. RSI also went under 20 and reversed which signaled BUY>

I normally run a 12-15 day B-Band against a 5Day RSI. I also use MACD in place of RSI.

I'm seeing price smack dab in the middle of the channel (B-Bands) with the upper band at 52, lower at 42.

RSI is at 52 using a 5 day period.
I've found these settings work pretty good with a volatile stock like ASND.

Looks like we're coming up with the same conclusions though.....BUY!!!!
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