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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: DanZ who wrote (20355)	7/27/1999 8:48:00 AM
From: chartseer	Read Replies (1) of 53068

PLXT: PnF chart is bearish since chart gave a sell signal at 35 which was confirmed at 25. Chart also broke a miner Bullish support line at 35 and broke the main Bullish support line at 25. There is a ton of support at 20 and since it was resistance on way up should now provide support. On the good side RS is on a buy even though the PnF RS chart is in a column of Os. A Fibonacci bounce base on a high of 50 and a low of 20 would bring you to 28 1/2. My kind of chart. THX. then again what the heck do I know. chartseer

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