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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: hcirteg who wrote (5683)11/30/1998 4:37:00 PM
From: John Curtis  Read Replies (1) of 27311
 
HC: It appears some "backing and filling" was going on today, and on goodly volume, too. I agree this is healthy and, in light of a day when internet stocks got slaughtered and the general market was down, not all that bad a day for VLNC, eh?

Let's see how it goes tomorrow. Will it rebound, or will it continue to pull back? Reading the 'ol Bollinger Bands in combination with RSI implies a continuance of the pullback, at least at initial market opening. We shall seeee.....

Regards!

John~
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