MRV Communications (MRVC) opinions? Message Board

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Technology Stocks : MRV Communications (MRVC) opinions?

MRVC 9.975

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Aug 15 5:00 PM EST

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To: Renee Scherb who wrote ()	8/16/1996 5:59:00 PM
From: Leo Chen	of 42804

To ALL: Look out investors, FLAG formation is almost complete. All technical indications point to a flag formation: parallel downsloping boundaries, declining volume since upsurge, and Bull market in dynamic phase. Look for the formation to be broken in the upside sometime next week. Usually, formations of this type (considering the price swings) take upto three weeks to develop. The three weeks are up at the end of next week. So, if prices refuse to be broken on the upside, start to become suspicious.

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