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Technology Stocks : VALENCE TECHNOLOGY (VLNC)
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To: Chisy who wrote (8668)2/24/1999 4:06:00 PM
From: Pallisard  Read Replies (1) of 27311
 
The uptrending line at present is about 7.25. It got down there today and bounced quickly, showing some strength. I think 7.5 may be the area we settle in for the rest of the week unless there's PR. If it holds here, you'll have to settle for 11/16 on those Mar 7.5 puts, and, with a show of unwillingness to weaken, that opportunity could pass quickly. IMO
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