Technical Analysis a la Edwards and Magee Message Board

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Non-Tech : Technical Analysis a la Edwards and Magee

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To: Risky Business who wrote (28)	3/24/1998 2:31:00 PM
From: Jim Roof	of 40

I will depart from the Magee style chart reading and interject some candlestick wisdom. The big long down day on 2/20 was a pretty serious event in this stock's recent history. Candlestick readers often look for support or resistance to happen in the middle region of the tall candlestick. That would mean that ISLI may turn back here and head back down as resistance would be expected. Anyone want to supply some more chart reading on this one? Jim

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