The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: RCJIII who wrote (27724)	3/26/1999 10:58:00 AM
From: Doug R	Read Replies (2) of 79327

RCJIII, VXCH Those pesky BB stocks...sheesh. Ok, if it broke above the intersection of the downtrend AND the target line, it's got some real heat under it. Most breakouts see a retest. If the retest goes below 5, it could follow that downtrend line from the top side. If the retest is ON 5, it could use the target line as support (the target line trends up). One last targeting technique puts a top at about 8. Reason would dictate that it's probably topped out or almost topped out for now. But then again...it is a BB. Doug R

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