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

To: MeDroogies who wrote (1435)9/13/1999 6:03:00 PM
From: stan s.  Respond to of 2018
 
ASPT, I play this one a lot. Currently not in it, sold it last Friday (the mention is on the wicked thread).

Anyway a little TA.

The good news is it filled the gap and is holding at the gap from support at the top of the real body (candlestick) of last Thursday.

The bad news is that point is very weak support...combined with a bearish engulfing pattern (today engulfed the previous day) it stands a good chance of testing lower support if it doesn't hold here...the recent breakout point of 12 3/8 or so seems plausible.

If you look closely this same pattern (bearish engulfing) signaled the end of upswings twice recently, about 6 weeks ago and again a month or so ago.

No reason to alter anyone's long term play...just interesting.

geocities.com

Of course news or rumor will alter this course and is the determining factor......just my 2 cents...

Stan



To: MeDroogies who wrote (1435)9/13/1999 7:41:00 PM
From: KHS  Read Replies (1) | Respond to of 2018
 
Like AOL, had it, sold it and now in EBay for long run. Sold PBX's and call centers for years. Our sector was never in the news. No one ever even heard of Nortel. Now in the news all the time along with LU, but their premise business still takes a second seat to the network group.

Still contend the call center market, now CRM, is the only place to be selling today. Higher sales per seat, fewer real competitors, and technology is evolving.

See ya


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