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

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To: John T. who wrote (25060)	7/8/2000 8:13:54 PM
From: Casaubon	Read Replies (1) of 42787

The SUNW neckline is at about 98 3/8. Alternatively, SUNW's chart pattern could be described as a cup with a handle. The left side of the cup is at the high of 3/28 and the right side of the cup is at the high of 6/20. The handle is a horizontal line at 98 1/4 drawn to the right of the 6/20 high. The pivot point or upside buy point would be at 98 3/8. I agree, but the handle does not yet have a convincing volume set up. I would be very interested in seeing your list of bullish set ups. I completely agree about the proponderance of bullish basing patterns and breakouts on the nasdaq. I will be looking to exit my short position, if not monday, very soon.

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