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Strategies & Market Trends : Point and Figure Charting

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To: chartseer who wrote (12209)1/2/1999 11:36:00 PM
From: Dennis J.  Read Replies (1) of 34823
 
Hi Chartseer. Happy New Year!

Only 10 boxes up may not qualify as a high pole, but moot at this point, since TER has reversed back up 5 boxes already. Last week's action was mostly up, and reduces to a long white candle for the week (bullish, and with most of the move in the last hour on Fri). I am expecting a continuation early this week, next to test the top at 45. I love this formation.

Dennis
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