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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 454.81-1.1%3:43 PM EST

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To: Connor26 who wrote (21495)7/30/2002 3:23:28 PM
From: Susan G  Read Replies (1) of 26752
 
Another test of that 20 ema daily...now it's at 1346.50 COMPX, a little lower than before.

the fact that it is now descending again, on the daily chart is not great...but another break through will cause another squeeze

this pop is forming flags and wedges, so be careful

all this action is happening INSIDE a bearflag on the 15 min NQS, those higher lows can fool you, but it's still a bearflag

we had one leg down, could be another unless there is short covering into the close
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