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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Paul Dubsky who wrote (1440)11/24/1997 9:36:00 PM
From: Jibacoa  Read Replies (1) of 27311
 
The stock's long term uptrend remains intact. The support level at 7
is at the 25 week average line, The 10 week average line is at 8.50
and the 50 week avrage line at 6
The Money Stream and BOP have remained positive since the third week in July.
I agree with FMK that if any good news come in and th stock can close above May's highs it should go to at 1east 15 in a hurry
Bernard.
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