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Strategies & Market Trends : Steve's Channelling Thread

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To: mishedlo who wrote (6644)10/23/2000 4:27:14 PM
From: Logain Ablar  Read Replies (1) of 30051
 
M:

On SSTI I have resistance right around $24 to $25 and we have the old support @ $26 the recent triple bottom break. If we can move above this (hopefully on decent volumn) then next resistance @ $30 - $31 area. A print of $35 would be a triple top and be very good.

Now since thats getting ahead of ourselves and since we're right at resistance I have support @ $21 area and of course $19. I doubt we see $19 unless market turns again.

This is fron the PnF chart. I also use the ema's and from below you can see we just pierced the 13 & 20 day ema's.

Hope this helps

207.61.23.98
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