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


To: Dennis V. who wrote (9495)3/18/1999 8:41:00 PM
From: Pallisard  Read Replies (2) | Respond to of 27311
 
Topic TA.
Actually Dennis, if I refer to different renderings of the 1 year chart on a daily and weekly basis, I find the uptrend support line at 6.75. The older triangle has widened out to a new triangle with slightly expanded values. I agree that the short term stochastics are bullish, while the longer term is neutral, but that will change to bullish quickly as the price pushes upward. Also the price is running along the lower Bollinger band within the standard deviation channel, and that is bullish. I think we can look for higher prices in the short term without any PR. IMO

Do you concur?