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

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To: Ocote who wrote (10672)1/16/1998 12:24:00 PM
From: Doug R  Read Replies (2) of 79296
 
Ocote,

The inverted H&S on ASND has a messy neckline. That aspect of it is probably not relevent and I would suspect other pattern or formation building is still being accomplished. What it might be is hard to say but it could be a larger IHS with the current IHS taken as a whole as the head.

Looking for the volume cue on the ACT I get a probable start date of 2/19/97. From there an IL construction puts the IL at about 16 today.

Doug R
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