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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: Bruce L who wrote (8650)5/10/1998 6:00:00 PM
From: James Young  Respond to of 42804
 
Bruce - But volume was extremely low though.



To: Bruce L who wrote (8650)5/10/1998 6:55:00 PM
From: Ronald D. Stange  Read Replies (1) | Respond to of 42804
 
Bruce:

Agree with that bullish "engulfing" reversal pattern. RSI up to 41, stochastics near crossover, money flow at +49,800 Fri (have not seen that high a MF since 4/15). And, the buy signal is now 17 days in duration as calculated from the proprietary IQ Suite program I use ($18.95/mo.); almost approaching the duration of mid Feb. Looks good.

Ron