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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (25507)7/30/2001 6:12:07 PM
From: Hardline   of 34817
 
I guess I see their logic. If RCL truly breaks the BRRL next resistance is $30. But not only is their RS weak, they are under performing their sector. They are also over 100% overbought on a daily basis. Not as overbought on a weekly (49%).

Also where do you put the stop? 19.0? 18.5? Seems like a lot risk for a small gain.

Hardline
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