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

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To: Paul Shread who wrote (38385)12/19/2000 10:18:58 AM
From: Robert Graham  Read Replies (1) of 42787
 
COMPX 5-min chart short price pulled back from resistance. Now making another attempt at today's high. The bull flag that I spoke of in my previous post has resolved upward after an initial pullback.

Is that an intraday gap I see on this chart?

...test of today's high unsuccessful. Now price is looking to move down to a nearby support. So far a mini-congestion range in the past half an hour.

...stayed in its congestion trading range and now making another attempt at today's high. Higher probability of success this time.

...making new intraday highs now. Now will resistance turn into support?

Bob Graham
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