Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 197.59

-0.8%

Nov 7 9:30 AM EST

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To: uu who wrote (31293)	1/20/1998 7:47:00 PM
From: Jorj X Mckie	Read Replies (2) of 61433

On a pure technical basis, it does look like ASND is moving up (higher highs and higher lows). It will meet resistance at $33 (expect a pullback), then at $36 (expect another pullback) and then again at $39. Breaking through $36 would be significant since this would be a triple top. This also implies that breaking through $36 will be a significant obstacle. $40 per share is going to be tough for ASND to get to in the near term. TD

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