Ascend Communications (ASND) Message Board

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Technology Stocks : Ascend Communications (ASND)

ASND 210.03

-1.2%

10:13 AM EST

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To: djane who wrote (53141)	8/29/1998 11:50:00 AM
From: Sonny	Read Replies (1) of 61433

Relative Strength entering +ve side ... for what its worth: Just noticed that ASND Relative Strength has come up from -ve domain, is slightly above zero now, and is showing the signs of entering the +ve domain with a much better slope. Also, just one more observation: RS for ASND typically and periodically spends about 25% of its duration in -ve domain (below the horizontal line). From January'98 onwards, so far it has finished 2 iterations ... (spent time twice in both the domains) ... and now its entering its bullish RS domain again ... next 2 months look SUPERB for bullish move w.r.t. this indicator! regards to all, -/Sonny.

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