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Strategies & Market Trends : Breakout Charts

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To: Steve Smith who wrote (302)2/11/2000 4:56:00 PM
From: Jibacoa  Read Replies (1) of 421
 
JMAR: A nice looking chart indeed.

It has had a nice run that started from the 1.5 level on Dec.7,1999.

After it went over the Oct.97 H of 4.968, the trend accelerated somewhat. Today it went through the double top Jan13 & Jan20,2000 at 8.375

Today's volume of 1,868,200 was slightly ahead of the 1,813,800 of Jan12,2000 when it up-gapped from the 5 1/2 level.

It seems it is headed to the Feb.92H of 13 1/2

Will see if the general market cooperates more.

Regards and good luck.

Bernard
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