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

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To: Chris who wrote (28389)8/25/2000 11:34:43 AM
From: Robert Graham  Read Replies (1) of 42787
 
Market finding no selling interest and Stochs in 1-min time frame bottomed out. First move out of the current congestion may give us a clue. I am beginning to suspect a move up from here. Price is continuing to contract. So something is going to happen.

11:38 AM

Looks like buying interest continued to remain almost non-existent. So price is attempting a push down past the narrow congestion area. This looks like the direction it will continue. But since coming form an extended congestion, I would be prepared for shipsawing.

11:41 AM

Interesting. Looks like buying interest is still not there.

11:44 PM

Second attempt at a push up has found some buying interest.

Bob Graham
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