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

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To: Ken W who wrote (7448)11/11/1997 12:16:00 PM
From: Proud_Infidel  Read Replies (4) of 79378
 
I am new to this thread and was wondering what some thoughts were on AMAT. I understand TA very little but I believe I heard somehwere that a stock forming a head and shoulders pattern with the right shoulder higher than the left is a bullish indicator, the reverse also being true. Is this what we are currently seeing with a number of the hi-techs such as INTC and AMAT? Would appreciate any insight. TIA

Regards,

Brian
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