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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (129607)	2/15/2006 7:30:38 PM
From: Galirayo	of 209892

[OIH] ... [Edit] .. If I set the chart to only cover the last up Cycle from the Bottom Pivot to the Top Pivot .. it's getting close to a 50% retrace and the Candle Body is resting the on the 89ema. However the Current State of MoMo may carry it past on an overthrow to the Horiz and it may even over throw that a bit. stockcharts.com Note that it has been Baiting Buyers with those White Candles that have not confirmed. :( If you pull a Longer Cycle into play .. it's still interesting. stockcharts.com

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