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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Bob&Carolyn who wrote (4300)12/10/1997 8:27:00 PM
From: James Strauss   of 4701
 
ONPT...

>>>What do you make of ONPT? It's been doing a nice gradual climb over the past few months. I bought in last weeking thinking it looked ready for it's next little climb. Then all of a sudden yesterday it jumped down on good volume:<<<
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Carolyn:

ONPT closed below the 89 day MA at 2 3/8... Unless it can immediately move up and close above 2 3/8, it will drop further...

Jim
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