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

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To: ajtj99 who wrote (35059)4/29/2002 4:18:37 PM
From: Jack of All Trades  Read Replies (1) of 52237
 
Beaches can sometimes be over throws, I like to use the previous 2-4 bars to determine the amount of over throw before calling it a break. When breaking down, I use the difference of high of the last 2-4 bars to the support line and that is the amount where I look for the "over throw support." If it doesn't bounce off the "over throw support" then I figure it to be a break...

JMO
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