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Strategies & Market Trends : Technical Analysis - Beginners

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To: TechTrader42 who wrote (11720)3/19/2001 11:48:45 AM
From: TechTrader42   of 12039
 
Someone must have some extra polations for MOT -- some they're not using and could share.

Jeane Dixon tells me that if it holds 14, it could head back up to that 18.33 area of the recent high. If it doesn't hold 14, it could head down to around 12.5. If it breaks through 18.5/18.75 area, longer term, it could head bact to around 23.5. If all hell broke loose, and it didn't hold 12.5, it could head to around 11. Jeane says to put stop somewhere just under 14. She says she'd be inclined to start thinking about selling if it went near 17, though she might hold longer, if things looked good. She didn't define "things."

At that point, she fell out of her trance and served refreshments. I'm not trading MOT, btw. Nor is Jeane. She works out of a storefront in Montreal and charges $5 (Canadian) for each session. Sessions are conducted in French or English.
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