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Radware Ltd. (RDWR) Message Board

  • kdp2561 kdp2561 Nov 11, 1999 8:00 PM Flag

    Chart Analysis of RDWR

    Rdwr has been moving down to sideways for a while
    now but longs should keep the faith. (And shorts
    would be wise to take their profits and go) The key
    issue is not movement in price alone, but rather
    movement in price in relation to volume. Volume has been
    steadily declining which shows that very soon all the weak
    hands will be out and there will be some up days. This
    is a clear case of consolidation happening in the
    mid to low 50 range. This is a very healthy sign.
    Positive PR for this stock will push it much higher in the
    future!

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RDWR
21.07+0.24(+1.15%)Mar 30 4:00 PMEDT