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

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To: Chris who wrote (25286)7/11/2000 1:48:33 PM
From: Robert Graham  Read Replies (1) of 42787
 
First price target met. Now price has bounced. Second push up on this bounce. Chris, this may be your chance coming up if you can find any confirming data on the NASDAQ chart. Looks to be turning into a bear flag on the 1-min chart. This can turn into a bottom or a continuation move. I would play this flag as a continuation move and watch for a bottom to unfold.

For your purposes, I think you would want this to be a temporary bottom to facilitate a larger pullback.

Bob Graham
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