The 56 Point TA; Charts With an Attitude 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 : The 56 Point TA; Charts With an Attitude

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Doug R who wrote (8771)	12/4/1997 9:18:00 AM
From: Dave H	Read Replies (2) of 79308

Doug, this looks like a good one-- I looked at the chart and it's another one of those triangles (I think this one is ascending?) Plus, the ascending line of the triangle is on a trendline from the middle of august. Another bullish sign, I'd say. Would a short term projection of around 58-59 be out of line? (trying to project using Pring's book & triangle formations) Today looks like it might be a good move-- the bid/ask points to a gap up: 52 1/2 x 52 5/8 at 9:15am..... thanks for sharing this tip! PS -- current IBD rankings for AMZN EPS: 1 RS: 98 (almost one of Myron's 99ers!) Acc/Dis: A -dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next