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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Saulamanca who wrote (5262)3/19/1998 8:17:00 AM
From: TATRADER   of 7396
 
Nice pennant on SCUR...I have ADX moving down on this one, which is normal when you have a pennant or flag formation..Spike should be as high as last pole from area of consolidation...DVNTF, I am suspicious of since the RS peak is not as high as last peak, and UO down while price up...Of course on breakouts, oscillators are not that reliable..
Best in sideways to mature trending markets...Now got to run...Mark

P.S. HMSY was on a list of mine from a while back, have long-term target of 15.00 on it...
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