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Riverstone Networks, Inc. (RSTN) Message Board

  • bbbnnnddd23 bbbnnnddd23 Mar 11, 2002 1:44 PM Flag

    for those into technicals

    Look at the today and the last 2 days, and notice that the lows of the day also correspond with the highest volume bar on a 15 min chart. This is typical of accumulation by institutions, who shake the weaker shares from the tree, and drive the price right back into a base.

    If you were shorting this stop on what looks like a breakdown, you would have been burned everytime in the last 3 days.