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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: John Curtis who wrote (3381)7/17/1998 12:52:00 AM
From: Greg McDaniel  Read Replies (1) of 27311
 
Well taking a look at the chart VLNC reached the 200 DMA today. Money flow is very positive and rising sharply since middle of June. And the money flow is higher than the previous runups this year. Stochastics model says it is a buy as of yesterday. Hey, I guess it was. It is rising similar to the other ones we have seen this year. That is volume is similar when it had a run at 7.50.
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