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

To: Wayners who wrote (44601)4/16/1998 1:01:00 PM
From: Satyr  Read Replies (1) | Respond to of 61433
 
It's interesting how we can look at the same info and see different things. I see a formation still very much in the works. A pennant that would need a penetration of 41 1/4 on the upside and new lows on the downside to break out. In fact the way it is hugging the lower part of the pennant would say the chances are slightly better of a downside breakout.



To: Wayners who wrote (44601)4/17/1998 3:19:00 PM
From: gbh  Respond to of 61433
 
ASND is ready to rock n' roll upward!! Intraday ascending triangle completed after testing intraday support at $40 1/2. Next stop $41 1/2 or if we're lucky $42 1/2. Volume is very, very low as the chart formation wraps up.

Wayne, very good call from yesterday.


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