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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Chris who wrote (29661)2/9/2002 11:38:53 PM
From: Susan G  Read Replies (2) of 52237
 
Some real similarities in indicators on the COMPX chart, with the bounce after a 5 day slide, with another period of time right before the Setember highs. The similarities with the August - Sept double top areas, as far as candles and the chart topping patterns are striking also. Both then and now were double tops, approximately a month apart followed by a two to three week slide.

Compare the indicators where I have drawn vertical lines (about four days before the September top) with the current state. And note the perfect evening star fakeout bounce to the overhead EMA resistance four days later. Looks like this may repeat itself soon.

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