Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Dennis V. who wrote (6950)	1/10/1999 10:47:00 AM
From: Greg McDaniel	Respond to of 27311

Short term moving averages are positive and indicate recovery from the 12/21 sell avalanche. Longer term (1 yr) moving averages need to have the 17 dma clear the 50 day moving average. Cash flow has turned up following 12/21. Candle sticks are not revealing any thing. One could take a longer term chart say 4 years and see an inverted head and shoulders and declare that this stock is going no where but up. Positive indicators : insiders continue to buy, first tranche completed without invoking floorless, 270 employees in NI and confirmed by IR, negative posters on the Internet. Negative indicators ; No contract announcements , positive posters on the Internet. Short term I believe it is going up again next week. 18 trading days till annual meeting on 2/4. I hope some of you attend and bring some real information back to this thread.