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

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To: Ken W who wrote (9328)12/16/1997 8:20:00 AM
From: Dave H  Read Replies (2) of 79382
 
Ken,

HOEN looks like a MIMBO to me -- meaning it should be returning back to its all time high of around 9 (at least!). I see it possibly taking a breather at these levels since it just now broke through the last line of resistance before nine. But hey, it could just keep right on going. This looks like a nice one for the intermediate/long term. Lots of strength in the short term, as you pointed out, too.

-dave
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