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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: ACAN who wrote (36603)8/23/2000 3:08:31 AM
From: Doug R  Read Replies (2) of 79317
 
Allan,

When a stock splits, the chart retains all the lines for IL/ACT and the % moves remain the same.
2 for 1 on a $100 violator hitting the ACT at 50 with an RR to 75 will have the result of a $50 violator with an ACT at 25 and RR to 37 1/2.
A 50% drop followed by a 50% RR in both cases.

Doug R
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