Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Anthony@Pacific who wrote (66432)	1/29/2001 5:55:05 PM
From: HairBall	Read Replies (1) of 122087

A@P: I suspect technical analysis is not high on your list of ways to analyze a trade. However, in an effort to give back a little to this thread, I'll drop off my take anyway...do with it what you will...<g> AEOS <----- Both my sht/med-term intraday technicals were in the overbought range at the close. (I prefer for the longer-term intraday technicals to line up, but pivots points do not always cooperate.) Based on my technical read, I suspect this issue put in an intraday high into the close in the last 5-min bar. (If this does not prove to be a pivot point, one is very close.) If I am correct, I would expect "at least" a measured retrace of the recent move up, one that is likely to test the pole-vault breakout above the last swing high of 51.25 for support. This is common of the price action in this issue and a likely technical move. If that area does not hold, the drop could accelerate into more than a retrace. My Intraday/Daily Charts – AEOS (American Eagle Outfitters) 30-Minute Semi-log marketdirectionanalysis.homestead.com How to Interpret My Charts marketdirectionanalysis.homestead.com Of course, all of the above, IMO. Regards, LG

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