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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?


To: P.F. who wrote (22919)12/10/1997 7:22:00 PM
From: David McCleary  Read Replies (1) | Respond to of 41046
 
FTEL's price seems to be holding fairly stable inspite of the rest of the market, could this be a sign that we have recently reached the bottom?? Only time will tell, but the recent stability has brought FTEL slighty above the upward resistance line that began at $10. I would have rather seen FTEL do that by showing a RISE in price on higher volume, but I'll take it any way I can get it!<gg> We now just have a weaker and shorter term upward resistance to break before heading higher IMO. Looks like the recent news helped support the price long enough to create a new set of TA lines. I'm sure now you all will love my TA! Looking forward to seeing if the trial periods ending Dec 12th result in any sales, that will be a very telling period. Good luck with all your predictions for Jan. 2nd!
Dave