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


To: Greg McDaniel who wrote (7605)1/26/1999 11:52:00 PM
From: Bill 49M  Read Replies (1) | Respond to of 27311
 
Greg, Hi. As far as the inverted hammer is concerned, tomorrow's action will tell if at least a short term rally could result, since confirmation is definitely required on the inverted hammer. Specifically, that would mean an open above today's body, or above 6.375. The longer prices hold above the real body, the more likely the shorts will cover their positions.