The 56 Point TA; Charts With an Attitude Message Board

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

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To: ACAN who wrote (37879)	12/23/2000 12:14:26 PM
From: Doug R	Read Replies (1) of 79308

Allan, ATMS appears to have a double dose of TC coming up. With the 4,3,2 so hot it'll be tricky though. And the 3,1,2 pretty much says it'll close off the high so an intraday trendline will be needed as a stop. As for returning to the "proper" valuation... after the move made possible by the TC, it should pull back some. Rather than shoot straight up to the 9 or 10 area it should do some more work in the 4 1/2 range. Then it'll be good to catch it before the 89,3,5 makes a 2nd break over 20 or possibly a bounce off a retest of this break over 20. Doug R

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