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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: John T. who wrote (24942)7/6/2000 1:18:43 PM
From: Robert Graham  Read Replies (1) of 42787
 
Interesting picture of your inverse H&S. :-)

Here price is attempting another move down after putting in a small test of top. Lets see what happens on a test of the 20 EMA in the 1-min chart...now price is attempting a continuation. If this fails, I am anticipating a more significant pullback.

**Update**

Price now pulling back again after putting in a small rounding top. Actual touch of 20 EMA 1 now in place. The 20 EMA 3 is currently at about 1466.25, two points below current price. 1467.25 is the upper boundary of a previous congestion area where I am expecting to find some buyers.

**Update**

Price has reached the price target at 1467.25. Here is where it should be interesting. The 20 EMA 3 is a little above 1466.50.

Bob Graham

PS: How is that MSWin Pro working for you?
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