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Strategies & Market Trends : RESISTANCE LEVELS- Ceilings & breakouts <30 min old

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To: zTrader_77 who wrote (20)8/27/1997 11:39:00 PM
From: WHL   of 621
 
TLC moved up from 11 1/2 to 13 5/8 on NEWS. Plus it has been moving sharply upward the last two days. This invalidates the breakout criteria. The chart pattern does still show heavy volume and a breakout-like pattern. Interesting to watch but I feel that it is unlikely to follow normal breakout patterns. TLC will not be added to the watch list, but will be watched nonetheless!
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