SI
SI
discoversearch

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: Pallisard who wrote (9447)3/16/1999 10:34:00 AM
From: Steve Hegji  Read Replies (2) | Respond to of 27311
 
To All

The weekly MACD Oscillator, which has been trending down for 12 of the last 14 weeks is starting to flatten out. A couple of indicators developed by Alexander Elder, called Bear Power and Force Index are both negative but rising. These are bullish signals - when the trend turns up.

In other words - the bears seem to be losing steam.