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

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To: mike.com who wrote (32276)10/11/1999 10:07:00 PM
From: Doug R  Read Replies (1) of 79230
 
Mike,

Next time ask for both. Oh, and timeframe to target might help too.
;-)
Short term (2 weeks or so) support is 14 now and moving up about 1/8 per day. If that doesn't hold there's still intermediate term (2 to 3 months) support that will approach 12 1/4 in about 3 months.
It's ok however, the upside target remains intact unless intermediate support is broken...which I don't see happening.

I also cover that kind of stuff in my seminar and the following roundtable session so if you're ever available to attend one I'm sure you'll find it extremely helpful.
Why, even Woody has now nailed a scan hitting move on ACRT in advance of the hit. Now he's going to have to avoid getting too cocky...lol...ya gotta love it.
Another congrats for the Woodster.

Doug R
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