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


To: P. Ramamoorthy who wrote (8434)2/17/1999 12:15:00 AM
From: Pallisard  Read Replies (1) | Respond to of 27311
 
Ram - The relatively small gain on heavier volume indicates to me fairly strong resistance here around 8. I think this week will see a lot of consolidation in the low 8's with a chance for more gain next week, unless the general market completely collapses. However, note that people taking profits in large caps and who feel the big list is overvalued often use a little of their gains to speculate on exciting new ventures. IMO