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

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To: milesofstyles who wrote (11658)2/1/1998 10:57:00 PM
From: Doug R  Read Replies (2) of 79270
 
Ok Miles,

Here's the others you requested.

IKN is set up to break out but I can't say that it will do it without first testing the downtrend line it just surpassed.

MWY is very volatile and Friday's spinning top doesn't look so good for it in the next few days. Recently, bottoms have been put in on very low volume so that would be something to watch for. It could make a nice short right here but volume would be a concern there.

TWR probably has a bit more winding up to do. Its advances are 3 or 4 day events which is nice for trading. It's done 3 days on this one so a new higher low is likely to be established this week.

Doug R
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