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Technology Stocks : Ascend Communications (ASND)
ASND 208.59+4.1%3:59 PM EST

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To: blankmind who wrote (37249)3/3/1998 11:19:00 AM
From: tepli  Read Replies (2) of 61433
 
blankmind, tim.

My two TA cents.
What I see is just a big upward momentum in ASND.

On Friday ASND's RSI hit 70+, which means a short term overbought situation. Now it's in the 50's again.

The momentum can begin again, soon.

The big picture shows to me that ASND is heading higher because we broke 200 dma on friday and the MA is levelling off.

Regards,
tepli
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