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: Fudd who wrote (8236)	3/19/2001 4:34:52 PM
From: James Strauss	Read Replies (1) of 13094

Jim, I am studying Head n shoulder formations. Would you say this chart shows a reverse h n s with the head peaking in late Dec. or am I reading it wrong? stockcharts.com[l,a]dacl... Yes Fudd... It's a reverse head and shoulders pattern with a bullish rising right shoulder... There was a nice %%% gain from both the reverse head bottom and the higher right shoulder... Note also the positive MACD and flattening out of the Accum/Dist indicator suggesting that the selling was dissipating... Jim

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