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 : ALVR - Alvarion Ltd.(formerly BRZE)
ALVR 5.460+2.4%Nov 14 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rob S. who wrote (225)2/3/2005 10:37:46 AM
From: Jibacoa  Read Replies (1) of 341
 
ALVR, Yes, I had a fill on my order on Jan.19 but didn't like the 5,878,000 volume for a down day, so I sold at a little profit the next day.<g>

The RSI has been rising since it made its L at 9.72 on Jan.26 but it still needs to close above 11.25 (The H on Jan.20 was 11.22 <g>)The next resistance would then be the Jan.19 H at 12.29

The stock remains on a near term downtrend on its daily and weekly chart. On the weekly it needs to close above its Jan.4 H of 14.23 before it can test its Nov.12 H at 16.01 and the Mar. H at 17.15 <g>

bigcharts.marketwatch.com

Its monthly chart looks much better and it seems that on a close above its Nov. 12 H the stock should not have too much problem resuming its strong UPTREND coming from the 20002-2003 Ls to the March 2004 H.

bigcharts.marketwatch.com

Revenues and earnings have continued to make impressive % improvement compared to previous year and although the PE is still too H, it should be cut almost in half in 2005.<g>

Bernard
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext