The New QLogic (ANCR) Message Board

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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Eleder2020 who wrote (22178)	5/28/1999 4:05:00 PM
From: donald sew	Read Replies (1) of 29386

Eleder, The OBV is topping off a bit but that is expected and normal. Im not seeing any major divergence in the OBV which would give me a hint that the overall trend is changing, so Im still getting healthy readings from the OBV. What I mean by a divergence, is if ANCR's price was heading up but the OBV was heading down, that would be a hint that the smart money is leaving. That is not the case right now. Im a strong believer that for good technical analysis, one should look for divergences/rate of change and not look at set concrete numbers. seeya

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