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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: signist who wrote (18096)1/13/2000 10:44:00 AM
From: Bruce L  Read Replies (2) | Respond to of 42804
 
<<Do we have a descending triangle forming?>>

John:

Yes IMHO. Thanks for pointing it out. I have the base beginning about 12/28/99 and ending in about 3 trading days. Using the TA rule that the triangle resolves to the prevailing prior trend (upside) 2/3rds to 3/4ths through the base, that means we are due for an upward ride.....TODAY!! or maybe tomorrow.