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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Instock who wrote (2025)8/13/1997 3:54:00 AM
From: Doug R   of 79308
 
Instock,

CADE still has technical room to tank to a 1 15/16 trade on the bid on Wed. and still hold the current uptrend. If it goes that low and starts up, buy more. The prevailing CADE attitude points to 3 as the next test. If it breaks 3, buy even more, right away. If it doesn't hold 1 15/16 on Wed. there could be trouble. RECY needs to close above 2 1/2. HURC has room to go all the way back to 6 1/8 and still be very healthy. From the "pile" of stocks listed 2 Sundays ago, only MVSI and CLHB were down on Tue. I like Myron's TA on CLHB. Volatility in that one needs to be taken into account. It's certainly not for the feint-hearted and could be a big winner if given a chance.

Doug R
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