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


To: DJBEINO who wrote (9110)1/15/2001 12:58:53 PM
From: Jibacoa  Read Replies (1) | Respond to of 9582
 
<<ALSC should benefit from lower wafer prices:>>

Probably will close above the 15 7/8 H of Dec.11 this week. The next hurdle will be the Nov.15 H at 19 5/8.

When it closes above the Nov.3 H of 20 7/8 you better buckle up since the down-trend coming from the Jun.23 H at 31 5/8 will be by then completely broken.

ALSC gave a buy signal on the 60 minutes chart on Jan.9 on the first hour of trading. It was able to close that day above the temporary double top formed by the Hs of Jan.4 & 5 at the 13 1/4 level. It closed Friday above the Jan.9 H of 15.

I remain long and confident.

RAGL

Bernard