CHARTS AND TA, A UNIQUE APPROACH Message Board

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

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To: Magnifique who wrote (1336)	12/6/1997 11:03:00 PM
From: stan s.	Read Replies (2) of 1391

PLAT, charts telling the story here. Tested support a number of times, now it's banging it 's head on resistance on good volume. geocities.com Indicators still look pretty strong, a recent MACD buy as well. Tough part is that it's a new high and these can be a real hurdle. If I were looking to buy I would wait for a clean break and hold over 28 1/4, or wait for a possible retest of 25 1/4 or whatever support would form off a failure. If I owned it I'd hold it unless it broke support....no indications of that. Stan

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