MDA - Market Direction Analysis 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 : MDA - Market Direction Analysis

SPY 670.92

+0.1%

Nov 7 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: StockOperator who wrote (16219)	6/6/1999 9:34:00 PM
From: Casaubon	Read Replies (1) of 99985

I thought that CMPD based off it's long term chart was going to make an explosive move up That is a classic "stalled pattern" by candlestick analysis. The pattern has stalled at the high set in Q3 1997. I would wait for a close above 3.30 for an entry. Beware of a close at or below $2.00, as it is likely it would retest $1.34 if it does that. Or, if it gaps higher you could try entering using the gap as resistance to step out.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next