Candlestick Charting--The unknown indicator Message Board

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Strategies & Market Trends : Candlestick Charting--The unknown indicator

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To: HeyRainier who wrote (490)	9/24/1997 11:36:00 PM
From: ftth	of 1589

Good find in OMKT. Nice characteristics both in the rise and in the flag. I may just pick up a small chunk tomorrow. The only discouraging thing is it gave back so much by the close, and couldn't close above the 15 1/8 level (3rd test). I've missed a couple of these waiting for a new high breakout that turned out to be a hypermove that put it too far extended for a safe entry point. These can be sooooo profitable if they do break though. WSTL is an interesting hammer formation. I'm thinking that yesterday's long black is a bit too bearish though....but it's got that 50 day MA intraday pierce going for it though. I'm keeping an eye on MLHR. A very strong stock pulling back a little here. Earnings due Oct 2. dh

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