SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: MGV who wrote (3602)8/9/1998 11:01:00 PM
From: Jibacoa  Read Replies (1) of 27311
 
On 8/6 VLNC closed at the high for the day. (Range 4.63 to 5 on 29,600 shares.)
On 8/7 it closed at 4.94 ( just 3 cents below the day's high of 4.97) (day's range 4.63 to 4.97 on 123,200 shares)
The daily bottoms have been well above the 4.00 on 12/11/97 and 12/19/97 The 4.25 of 2/6/98 or 4.50 of 6/12/98. In fact the 4.63 daily bottoms of 8/5, 8/6 and 8/7 this past week, seems to indicate pretty good support at that level in view of the general market's sell off. The stock has to close about 5.75 to give a technical buy signal from these levels. The strong resistance remains at 7.75 and further up at last year's high on 5/21 at 10.25. The balance of Power and Money Stream have remained positive since Mid-July.
Waiting for good news on the cc.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News