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

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To: Iceberg who wrote (569)10/10/1997 5:22:00 PM
From: MonsieurGonzo   of 1589
 
Iceberg; RE: LGND...

Right on; Looks like he's probing up there with Shooting upper shadows, and is likely to re-test support at what, 16~16-1/2 -? soon. Also looks like he's going up on diminishing volume, and may run out of steam before he can bust that resistance up there. Nice little base at 16, though. My chart generator doesn't have enough history to run a 60-week chart on LGND :-(

-Steve
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