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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.38+0.1%Nov 12 4:00 PM EST

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To: pater tenebrarum who wrote (31498)10/26/1999 6:16:00 PM
From: HairBall  Read Replies (4) of 99985
 
Heinz: I noticed the post about DELL. That is an issue I have been following as of late. A chart for your examination...

My QChart - DELL 60-Minute Semi-Log Chart
homestead.com

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My QChart Trend Lines

Green lines are resistance trend lines or resistance horizontal price action areas.

Red lines are supportive trend lines or supportive horizontal price action areas.

Gray lines are either resistance trend lines, resistance price action areas, supportive trend lines or supportive price action areas that have been broken. They can now act as either support or resistance depending on price action.

Dark blue lines are formation lines.
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Regards,
LG

Disclaimer: The above is my opinion only and I reserve the right to be wrong. An overall market expectation is just that and should not be used in exclusion of the evaluation of individual equities or other investment instruments. Do not base any investment decision solely on anyone person's views or analysis. Do your own research and take responsibility for your investment decisions.
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