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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (23333)	7/15/1999 10:59:00 AM
From: donald sew	Read Replies (2) \| Respond to of 29386

Bp, Forgot to mention in my last post that there is a major support at 21. Unfortunately, since ANCR ran up so fast it did not form any bases after above 21 to become supports on the downside. The next support after 21 is around 15. Im not saying it will get that low, just expressing common technicals. Right now the main trendline for ANCR is near 15, which implies that until it was to break this trendline to the downside, it is still in a longterm uptrend. Granted we dont want to see ANCR get to 15, but the point is that it will take alot to break ANCR from its long-term uptrend. seeya Seeya