Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 213.36

-3.3%

Dec 15 3:59 PM EST

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To: Darren who wrote (49949)	7/15/1998 7:25:00 PM
From: Darren	Read Replies (2) of 61433

I haven't done any detailed research yet, but looking at ASND after the close, I expect some kind of gap up in the morning (very weak) and then a track back down to 47 where it will meet the 50ma. Crossed below the 10ma today, not good. Candlestick "doji" on Monday, not good. The upside will be no higher than 53 1/2. If you like to short stocks, this is the "resistance" line, or for a short the best price available. The down side could be all the way down to 46 3/16. I would expect some type of bounce off this "support." How'd I do?

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