Point and Figure Charting 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 : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: space cadet who wrote (8840)	10/20/1998 4:30:00 PM
From: wizzards wine	of 34823

Hi Space Cadet, regarding KEA...It's on a nice pattern but if you just bought it, you likely didn't get it on a pull back. RS is O's (meaning that the Relative Strength is underpreforming the general market) and the sector (Software is Bear Confirmed, as it had a pull back last month setting it up for a nice low Bull Confirmed when the sector reverses back up) KEA is in good shape until it gives a LOW of 30 for the day, which would be a DB (Double Bottom) and if it gives at low of 29 for the day that would be a DBS (Double Bottom Sell) or your Stop Loss as you cannot use RS reversing to O's as it is already there. Got to get "Point and Figure Charting by Tom Dorsey" and use that as your Bible!!! Amazon.com and many other book stores carry it, but it's getting more popular and many take some digging, but well worth the time and money!!! Hope that helps, and read, asking questions when you need. JMHO Later Preston ps Perhaps Jan will post it's chart for you. Lots of nice strong things out there.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next