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: Densiebj who wrote (38581)	2/19/2001 3:57:16 PM
From: Doug R	Read Replies (1) of 79537

D, Not beverage related but 3 others that are pondering the 50 retest thing are CLGY, RGEN and CYBR. MHMY kinda, sorta looks like it could continue the initial move off the 50. KEI's 50 started a downturn...the retest appears to have been too harsh for it. PMTC is an interesting consolidative bottom relative to its 50. As a rule, I don't like anything after the 2nd test unless the chart has other longer term aspects in its favor. PMTC's chart doesn't really have much of that but the last 3 closes in the upper half of the range make it compelling. Doug R

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