Silicon Investor (SI) -- The First Internet Community

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 : Aspect Telecommunications (ASPT) -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (1350)	7/12/1999 12:01:00 PM
From: MeDroogies	Read Replies (1) \| Respond to of 2018

Still learning about Technical Analysis...my new "thing" is the backing and filling of gaps. Apparently, ASPT is sitting at a point in which the stock "gapped" down. While this occurred some time ago, it is still an important point for alot of trader/investors. There is significant filling that needs to occur for ASPT to move up from here, particularly since once this gap is filled, there is an even bigger one to follow on its heels. This isn't a good/bad issue. It's a question of strength. It looks like ASPT has the strength, based on its slow, steady climb to this point. It is also why I expected it to jump way back when it hit 10. I thought the gaps were meaningless. I guess that time isn't a factor here, and it still matters. However, if this gap fills, we can hit 15 quickly. From there, it's a jump up to 18. Based on the strength this is showing, I'm betting we hit 20 by the end of the summer - if not end of July.