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


To: vegetarian who wrote (25205)12/2/1997 4:43:00 PM
From: Richard Chow  Respond to of 61433
 
MC:

Yep. That's what my charts indicate as well. It has no support level or trendline to look at these days...

In terms of relative strength (or in this case relative weakness), ASND's 7% drop today is on par with COMS (which is really in the headline today!), better than BAY (10%) and a WHOLE lot better than poor CS (a WHOPPING 33%!) Everything is relative, huh?

RC



To: vegetarian who wrote (25205)12/2/1997 4:48:00 PM
From: Richard Chow  Read Replies (1) | Respond to of 61433
 
MC:

I take it back. Just re-analyzed my charts. Guess what? New support level emerging at 22 3/8. New resistence at 25 3/4. Let the battle begin between the "good" and "evil".

RC