The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Amigo Mike who wrote (9007)	12/8/1997 6:19:00 PM
From: Dave H	Read Replies (1) of 79327

APCO break above the channel today ??? New trading range ? Mike -- To me it looks like APCO hit resistance from its old trend channel that it traded within all of 1996. A line connecting the tops of 1996 is in the 7 5/8 - 7 3/4 range today. Somewhere around this line should be the next stop as I would expect APCO to require some consolidation before breaking this last key line from 1996. (hey it spent 1 1/2 months taking out the last one! ;)) I'm beginning to see where Doug might have gotten his 3 month goal (from the time he picked it) for APCO of 8 5/8 .... -dave

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