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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: HandsOn who wrote (55403)8/26/1999 12:28:00 PM
From: stan s.  Read Replies (1) of 90042
 
NASC, not much I can tell you with the short history is has. It broke that down trend line 11-12 days ago and has had a nice steady move up since.

Broke over the resistance at a shade under 14 easily today...if it holds that break...it's still fine. Started a new up trendline (you can draw it in starting around 10)...and again if it holds that up line, no problem.

Near to mid term targets 18 3/8 or so...a lot can happen 'tween now and then but a positive bias now.

If/when this leg up ends..keep that little gap at 11 in mind, but you'll have sell signals well before then.

Stan
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