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Technology Stocks : Newbridge Networks -- Ignore unavailable to you. Want to Upgrade?

To: Greg Spendjian who wrote (9528)2/11/1999 5:23:00 PM
From: pat mudge  Read Replies (2) | Respond to of 18016
 
It looked like a big seller came in during the last 40 min. Volume on the NYSE went from 600,00 to 791,000 pretty fast.

Buyers came in around 27 and held it up.

I'm not happy with the day's results, either.

And the company's as quiet as snow falling on Whistler.

Pat




To: Greg Spendjian who wrote (9528)2/11/1999 7:36:00 PM
From: Sherman Chen  Respond to of 18016
 
The candlestick chart shows two days in a row where NN formed an inverted hammer at the 27 support level. A bullish sign FWIW.



To: Greg Spendjian who wrote (9528)2/11/1999 7:59:00 PM
From: Doug  Respond to of 18016
 
Greg: Technically the RSI is weak i.e Sellers are selling into any signs of strength.

Loss stops in the vicinity could be vulnerable.


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