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

To: Rich Wolf who wrote (8424)2/16/1999 8:34:00 PM
From: Jibacoa  Respond to of 27311
 
The stock appears to be getting ready to break on the upside.

The price got up today to the down trendline. It closed above the 50 day average. The 25 day average and 10 day average are still below at 7.27 and 7.25 respectively.

I would like to see the 10 day average on top.
I am planning on adding to present position on a close above 8 5/8.
The BOP and Money Stream are still negative.

Will see if the General Market cooperates, since the NASDAQ did not act well today, and technology stocks in general are still under pressure.

Good luck to all



To: Rich Wolf who wrote (8424)2/16/1999 8:46:00 PM
From: Dennis V.  Read Replies (1) | Respond to of 27311
 
Rich, the voltage is a function of battery chemistry, of course. Moltech is developing a cell with lithium metal anode and sulfated cathode. Voltage-2volts.

The tapdance on the cycling issue would seem to indicate that On Power does not have as much confidence in the dendrite dissolving electrolyte and homogeneous electrode as is claimed.


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