Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 197.59

-0.8%

Nov 7 3:59 PM EST

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To: Gary Korn who wrote (30601)	1/15/1998 4:25:00 PM
From: username	Read Replies (1) of 61433

Tomorrrow's projected daily range: high 29 1/8 low 28 Once again, to paraphrase DeMark; on the short term, if the price opens outside the projected range, anticipate a continued move in that direction, and adjust the support and/or resistance accordingly, i.e. if open is above 29 1/8, that is the new support level. If open is below 28, that is the new resistance level. And, a reminder that ASND broke out of the range late in the day yesterday on double the volume of the prior day, (and broke out on the downside today on much lighter volume). best, pete

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