123 Trends and Reversals Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 123 Trends and Reversals

QQQ 629.07

+0.5%

Oct 31 4:00 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: hypostomus who wrote (72)	2/4/2001 9:18:17 PM
From: Ally	Read Replies (1) of 147

Hypo, based on 26 points (57-31), 50% retracement is $44 and this would be easy to hit if NAZ remains weak this week. Seems to me that AOL is correlated to NAZ rather than NYSE. However, I'm watching to BUY because I do swing trades with a longer time period than a few days. I trade based on combination of TA and FA assessment. FA allows me to buy earlier than waiting for TA confirmation of trend reversal. If this retracement does not take it below $31, then I would consider that the trend has reversed to a bullish one. Also watching ADX for presence of trend. Right now, ADX is rising, but still trendless. Don't know about Keltner band. What is it? Know any good site where I can read about it?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next