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Strategies & Market Trends : Point and Figure Charting

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To: doniam who wrote (8325)10/7/1998 11:00:00 AM
From: Ms. X  Read Replies (1) of 34816
 
You know I just love the name...doniam.

WB has held up well even though the banks were killed recently. It just broke a triple top and is still above its trend line. The RS is in X's and a buy signal. Momentum is positive. Sector is Bull Alert. I do say however to keep a keen eye on the banks. But, WB looks good.
Price objective of 100 (unconfirmed). You have a definite stop at 84 - violation of the bullish support line and a spread triple bottom break.

Take care doniam,
janiam
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