Technology Stocks & Market Talk With Don Wolanchuk Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk

SOXL 49.65

+3.9%

Dec 10 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Kirk © who wrote (9034)	5/16/2003 10:59:21 AM
From: HairBall	Read Replies (2) of 207300

Kirk: Looking at the SMAverages, a 50/200 cross occurred in May of 2002 as well. I would look to see if OB/OS indicators line up in support of that crossing. You might also note that the 5/2002 crossing took place as the price action approached the 9/2000 FRL, which is what is currently occurring as well. I am anticipating a tradable pullback/retrace in here, before the price action moves above that FRL, IMO. I am expecting the COMPX's 3/2000 FRL (which has already provided support once) to hold again if the pullback results in a full blown retrace, a retrace that is overdue. Regards, LG PS: Thats all folks, got to run!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next