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Strategies & Market Trends : Point and Figure Charting

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To: Luce Wildebeest who wrote (642)2/13/1998 12:02:00 PM
From: Jorj X Mckie   of 34827
 
Hi Calvin,
Hope you don't mind if I jump in and get a little PnF practice. Jan will have no problem correcting me if I lead you astray...

NMGC has a decent looking chart. Well above bullish support line. Couple of buy signals under it's belt. However, it is right at a resistance level. A move to $20 would break a spread double top and give a pretty strong buy signal.
Tom
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