Advanced Fibre (AFCI) ** IPO 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 : Advanced Fibre (AFCI) ** IPO

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: P314159d who wrote (1831)	2/24/1999 4:14:00 AM
From: Lawrence Burg	Read Replies (1) of 3299

I'm also watching AFCI from a TA perspective. Mostly the recent indicator trends since October or so. They were improving steadily, with better bottoms and tops, but the bottoms seem to have been compromised with the last downturn. In the very short term, I see buys signaled by the Stochs & RSI(8). MADC(9) also seems to have bottomed. I would expect a decent swing up to maybe $13 or $14, but not eclipsing the previous peak. I agree w/a previous post that it might be better to be late to the party via a buy limit order somewhere over 10 1/2, which should confirm a fresh run, still provide a few points on the upside, and provide needed confidence against the downside. I'm looking for some shares and exposure the photonics sector through a timed trade. Ideally, I'd like to sit in on a 2-3 point upturn and walk away w/100 or so freebies, which I'd tuck away LT, as this sector holds great fundamental promise. I'm surprised there's been no comments on the CFO present tomorrow @ the conference, as per CBS-MW news...Anyone think it'll add to a fresh run, or maybe was the cause of this (apparent) bottom...?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next