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

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To: Doug R who wrote (8964)12/8/1997 4:59:00 AM
From: Dave H  Read Replies (1) of 79481
 
Since july, RADAF has been trading in the same ascending channel, where a new high is made about every two monthh, So far of around 12, 15, and now 18. That would imply that RADAF could hit 20 in about 2 months from now. During that time, RADAF could fall to as low as the 15's, as that also would be within this channel.
Optimal time to reenter RADAF (just based on this channel) would be in about one month. Of course, things will get delayed in RADAF makes another run at the IL.

-dave
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