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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: Jibacoa who wrote (5824)12/8/1998 12:50:00 AM
From: MGV  Read Replies (2) | Respond to of 27311
 
Try looking for objective confirmation of supposed positive fundamentals. A significant contract announcement would be good. Non-dilutive financing would be good. A positive analyst's report would be something. They havent happened yet. As time passes without any confirmation it would be prudent to redouble efforts to obtain independent answers to the questions that are being flagged in the minds of the more analytical of the persons who post on this thread. Who wants to argue with that.

jibacoa wrote on 11/22: May I remind you that the stock remains on an UPTREND ?

The Price is over the 10 day average line and the 25 day average and 50 day average are way below !!!


On 11/23 she/he wrote: It remains on a strong UPTREND,
But still would like to see it closing above the intra-day high of Nov.10 (8 15/16) and the May 97 high of 10 1/4.

After that no significant resistance until 15 to 17 area.


Fundamentals drive stock prices not charts. Try looking there.