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Technology Stocks : Mylex

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To: Dougerdad who wrote (1605)6/16/1998 11:52:00 AM
From: E_K_S  Read Replies (1) of 1820
 
According to the time and sales data for 6/16/98 it appears that much of the volume today is less than 1000 shares buy orders. About 1/2 of the volume reflects these small order buys. This would indicate the small investor is accumulating shares.

The OBV (On Balance Volume) is a -1,471,400 and rising. The 200 day MA is 8.692.

Watch rising volume to indicate future price moves.

EKS
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