Stocks Crossing The 13 Week Moving Average <$10.01 Message Board

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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: jair who wrote (8029)	2/28/2001 12:21:21 PM
From: James Strauss	Read Replies (1) of 13094

Jair: It's helpful to look at charts in different time horizons... The longer the period the more reliable the interpretation... Two months is ok for a quick look at the short term trend... After that look at the 6 month, 12 month and multi year charts to get a broader picture... Note the way IONN looks in different time periods... Two Months... bigcharts.com Six Months... bigcharts.com One Year... bigcharts.com Two Years... bigcharts.com By looking at the different time periods you can see that IONN has fallen a long way, and would have to close over 5.00 to break out of this long basing period... Also, the two year chart shows a massive bearish Head & Shoulders pattern... Jim

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