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

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To: LTK007 who wrote (48318)3/23/2004 5:55:37 PM
From: Compadre  Read Replies (1) of 52237
 
Hi Welles Lamont,
I think it will break tomorrow. The reason is that there is a descending triangle at in the Hourly charts, and I am expecting it to break down. As far as target I think it will be between 1350 and 1359. Those numbers come up a lot in the charts, 233 EMA (fib number), forks, etc. I don't have time to elaborate now, But I will try to do so tonight. But I do think the downside is limited short term.
Can you elaborate on the SOX 453? I thought you said it tested 3 times, and I saw only 2 times.
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