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 : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?

To: Larry Brubaker who wrote (14578)	9/15/1999 8:44:00 AM
From: John Curtis	Respond to of 27311

It's a distinct positive that it broke its 50 day moving average of ~$5.5 and now stands above it. See this chart: clearstation.com Typically speaking, once an equity breaks such a ceiling, it then becomes the base against which a new high can be attacked. The fact that VLNC did this on a day when the market, in general, was getting its head handed to it, bodes well. But one day don't a trend make(as yet). We need some consolidation(or further advancement) at current level to be assured that the ceiling has been conclusively broken. Bottom Line? It looks good. Now...about those friggin' P.O.'s.... John~