ACRT about to move to new highs Message Board

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Microcap & Penny Stocks : ACRT about to move to new highs

ACRT 0.110

-7.6%

Dec 30 4:00 PM EST

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To: hkp who wrote (448)	3/14/1997 6:01:00 AM
From: Doo	of 7054

Ben Geh on this thread. He perpetually swears off his skill at chart reading, but I think he's quite good. Get a chart, print it, draw a line from the 12 7/8 high a few trading days ago down to across the highs of late, do the same across the recent low of 9 7/8 across the bottoms of late. You get a "triangle". Ben says it is a "descending triangle" which will break one way or another. I call it a flag and volume was picking up on Tues and Wed which I found very bullish. Yesterday, with such a bad market, I thought it held up exceptionally well, although I would have expected the price to keep getting narrower and the volume higher day by day, until it SQUIRTED upward. Whether I'm right or not, we seem to have a firm bottom, any significant buying will start a move, IMO.

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