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Strategies & Market Trends : Rande Is . . . HOME

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To: Knight who wrote (30930)7/31/2000 3:11:26 PM
From: Mark Konrad  Read Replies (1) of 57584
 
Knight, AETH is moving up but (imo) it damaged itself by violating the uptrend line at 165 and taking out a support line at 150. For an aggressive trader, 146 would have been an awesome buy point given the recovery so far today. However, a conservative position trader would tend to wait until this newfound strength is confirmed (again, especially considering the chart damage done recently). That confirmation will take at least another day, maybe more--MK--
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