CHARTS AND TA, A UNIQUE APPROACH Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : CHARTS AND TA, A UNIQUE APPROACH

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jpmac who wrote (1273)	11/20/1997 9:11:00 AM
From: stan s.	Read Replies (2) of 1391

ACTM, Hi jpmac... obviously the main damage was the drop from 50. geocities.com It's been basing but still in a downtrend (yellow line). The MACD buy in late October has signaled nothing...except perhaps a flattening of the price. The white line is support (12) dating back to summer of '96. The close yesterday was a Bullish Hammer...basically just a Long Lower Shadow in a downtrend....can signify a bottom. If I were familiar with the story and were looking for an entry, I would wait for a break and hold above this yellow line. That would probably automatically be attended by a cross of the dark yellow line over the dark blue...hard to see but both are just above the price. That would mark the cross of the 10 day volume adjusted MA over the 21 day. What a disjointed post...I need more coffee...this MUST be flickerful's fault. This poor stock never even got a dead cat bounce..so sad. Uh oh..with Penni's affinity for those critters...another fine phrase we can't use...wait and see. Of course I use the term critters with the deepest...affection. Yep, fer sure. Stan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next