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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Glenn D. Rudolph who wrote (23698)11/16/1997 8:58:00 PM
From: Bharvin K. R. Patel  Read Replies (6) | Respond to of 61433
 
Going Doooooooown below 20!!!!

Based on the technical analysis it appears that in its next lag of downward move (if it breaks 22) it will fill the gap between 18-22 that was left behind little over 2 years ago. If it does not hold 18 due to deteroriting fundamentals, start praying the God for mercy. I wish I can sustain my 50% loss here at 23. However, I feel that we are going to see 18-19 in the near future.

Best Wishes