MRV Communications (MRVC) opinions? Message Board

STOCKTALK

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 : MRV Communications (MRVC) opinions?

MRVC 9.975

-0.1%

Aug 15 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Greg h2o who wrote (11159)	11/3/1998 12:45:00 PM
From: Bruce L	Read Replies (1) of 42804

<Now, if everyone is correct, we've met a near term top and should see the mid6's again... > I don't claim to be a TA expert but looking at the chart there's nothing special about the area the stock is in : around 8. From a strictly TA prospective there really isn't any resistance until around 9 1/2. That's where I expect we will head. That would be refilling the gap. As far as institutional buying, I agree with you that there hasn't been much today. Still, the volume is above-average, there's no telling when institutional buying might resume, and in any case I'm not counting on much of that kind of buying as long as the stock remains below 10. JMO. Bruce

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next