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 : VLSI Technology - Waiting for good news from NASDAQ !!! -- Ignore unavailable to you. Want to Upgrade?


To: Joseph E. Caiazzo who wrote (3709)6/23/1998 11:04:00 PM
From: DanZ  Read Replies (1) | Respond to of 6565
 
Joe,

If VLSI is going to maintain it's short term up trend, then I would expect 17 3/4 - 18 to contain dips. I think the stock will run into resistance between 20 and 21 and don't really see anything significant about 19 1/2 on the chart. It is trading above the upper daily bollinger band and just above the middle weekly bollinger band. These are bullish indications although the stock is approaching resistance and is slightly extended technically. The weekly chart has a target of about 23 as long as it stays over 19.

Dan



To: Joseph E. Caiazzo who wrote (3709)6/25/1998 1:58:00 PM
From: OldAIMGuy  Read Replies (1) | Respond to of 6565
 
Hi JC,
By my methods (AIM), my "trade range" for making inventory adjustments to my core holding is to add or sell about 3-4% of my position at $15 and $22-1/8, respectively.

This is a bigger range than most TA methods would dictate, but my trades are small and therefore need a bigger swing for reasonable profitability.

Best regards, Tom