VALENCE TECHNOLOGY (VLNC) Message Board

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Technology Stocks : VALENCE TECHNOLOGY (VLNC)

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To: Pallisard who wrote (9506)	3/18/1999 10:25:00 PM
From: Jibacoa	Read Replies (1) of 27311

The way I still see it, VLNC has been making higher lows since the low of 5.06 on Dec.22. ( 5.88 on Dec 39; 6.06 on Jan.25; 6.38 on Feb.9; 6.50 on Feb.12; & 6.75 yesterday and today) The price today closed just below the 10 day average line (which is at 7 1/8) The 25 day average is at 7 3/8. I still want to see the 10 day average above the 25 day average. Although the stock has to close above the double top it formed at 8.63 on Jan.7 and Feb.19, I am planning now to start adding up on a close above 8 and more when it closes above the previous "double top", as the next "hurdle" will be the 11.31 high of Nov. 27 The BOP just turned again to the + side today. The Money Stream has remained neutral for the past week. I remain long and planning on adding up. Good luck to all

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