SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: KJ. Moy who wrote (14846)3/3/1998 3:54:00 PM
From: Arthur  Read Replies (1) | Respond to of 29386
 
Hi,

I have a question for those you know about candlesticks and such.
One of the few things I have heard is that a "shooting star"
pattern where the stock closes around where it opened but had a
big move up and then back down in between is considered bearish.
Today's move in ANCR would seem to be the opposite of that so is
that considered bullish for the next few days.

Thanks,
Art



To: KJ. Moy who wrote (14846)3/3/1998 4:07:00 PM
From: Jay Quinty  Read Replies (2) | Respond to of 29386
 
Well, that was a nice close. I must admit I'm surprised a bit, but over the course of 6 minutes we had around 50K shares go off on the ask, because the price climbed quickly from 6 3/4 to 7 1/4. A couple of those looked like they may have been 10k buys, but I'm looking at a chart so I don't know for sure. I'm pleasantly surprised, as it was starting to look like we were going to bleed down for a while.

Jay


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News