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 : Alliance Semiconductor -- Ignore unavailable to you. Want to Upgrade?

To: Amadeo Mendez-Vigo who wrote (6740)	1/4/2000 1:15:00 AM
From: Jibacoa	Read Replies (2) \| Respond to of 9582

As I see it, the stock is consolidating after the December 31st break-out, which it can be expected before it tackles resistance at 20. Today it opened on a small up-gap to 17 5/8 on volume of 7,800 for the first 5 minutes. If you look at the 5 minutes chart, you can see that on the next 5 minutes it came down to 17 on volume of 17,500. It made a temporary intra-day double bottom at 15 7/8 at 11.15 AM and 11.20AM, and later a temporary intra-day double top at 16 7/8 at 1.05PM and 1.15PM. After that it remained below the 16.875 area for the next 2 hrs. until it was brought down to 16 1/4 on volume of 20,100 at 3.35PM and to 16 1/16 at 3.40PM on volume of 11,400. If you sort of "zoom in" time wise and look at the one min.chart towards the close, you can notice that there was an uptick from 16.187 up to 16.437 at 3.45PM on volume of 10,500 and another up-tick from 16.312 to 16.437 on volume of 10,700 at 3.50PM (These two were the largest one minute volumes in the last 1/2 hr.of trading. If you look at the daily chart, you can notice that today's volume of 788,700 although higher than the 654,700 of Dec31, it was still much lower than up-volume days of Nov.24 (2,930,100) and Nov.26(846,900). While on the daily chart you can also see that the stock could come down to 15 1/16 and still remain with an intact up-trend. IMHO I don't think it will test that level and should be trading close to 20 by the end of the week.

To: Amadeo Mendez-Vigo who wrote (6740)	1/4/2000 2:01:00 AM
From: DJBEINO	Respond to of 9582

UMC closed @118.50 + 6.50 vol 124,982,000 4th most active, new hi @119.5