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

To: Richard Chow who wrote (25203)12/2/1997 4:20:00 PM
From: vegetarian  Read Replies (2) | Respond to of 61433
 
ASND chart is inconclusive about bottom at this point.
The low volume is only telling that it is going toward a bottom which does not mean much.
In general, it would be possible to tell the bottom only if the volume picks up and the price moves up; but the price may move up even without a good volume.



To: Richard Chow who wrote (25203)12/2/1997 4:20:00 PM
From: yard_man  Read Replies (1) | Respond to of 61433
 
Not a chartist, but good volume today and didn't make it back to its old low. Looks good to me as a buy.

Whoops was looking at the wrong number for volume. I thought it traded 9M shares but I was looking at ave. volume. Nevermind!


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