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

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To: Doug R who wrote (6893)11/1/1997 6:57:00 PM
From: Carolyn S.  Read Replies (1) of 79277
 
Doug , Jim, Myron

I just screened a lot of charts and these looked lively:

CDRM @ 1 5/8, HUGE leap in volume and price jump from a quiet one month base at the bottom of a 6-month left round bottom.

CODE @ 1 7/8, BIG volume Friday at 1 7/8 (broke out to 2 1/8 two days earlier)

DFLX @ 4 5/16, four month symmetrical triangle, big breakout on HUGE volume three days ago, pulling back some

ELCC @ 2 1/8, You gotta see this one. It's weird. Broke out from a base on HUGE volume Friday. There no data for one month 2 months ago.

USWI @ 1 7/8, After a month basing in 1/34-2 channel, 2 weeks ago, BIG volume and freefall to 1 1/4, followed by shallow uptrend for a week, then BIG volume jump back up to 1 7/8. Lots of volume, maybe enough to get over 2, and looks pretty clear above that.

Carolyn S.



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