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

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To: Carolyn S. who wrote (9660)12/27/1997 10:58:00 AM
From: Doug R  Read Replies (2) of 79284
 
Thanks Carolyn,

AOL uses Prophet Information Services for their quotes. It shows 7/8 as the low. That really messes up a TA. That system must go through a different information channel than Quotes Plus. I also have a low of 5/8 on 9/20 which looks suspicious but since it's not as recent, it is less disruptive. I'll be looking at the corrected RLLY chart a bit later today.

Here's my current list of possible movers for the week (from the A's and a few B's: AABC (trades thinly), AAV, ADMG, AKRN (a high flag but not too tight, currently testing short-term downtrending resistance), ALI (over 20), AMHC (trades thinly), AMPI (trades thinly), AMVC, AMZN (over 50), ANCO (normally trades in a wide monthly range), ANLG (a MIM attempting the BO), APCO (of course), ARTS (may run into some "gap trouble"), ASGN (over 20), ASHW (cup with handle, might run the handle for a while though), BEAM (just completed a sequential), BEAS (may dip a bit before it runs), BELM (just completed a sequential), BEV (recently broke out of a 4 yr. base), BOBJY (sitting right on an apex), FAXX (a high, generally tight flag awaiting breakout), ROMT (on volume watch).
If any of these start moving on good volume on any morning this week, I would expect a very significant move.

Doug R
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