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Strategies & Market Trends : Alpha Stock Pick Charts

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To: SE who wrote (28)2/20/1998 6:34:00 PM
From: Trader X   of 70
 
That chart was a difficult read, really.

but resistance appears to be at 24, rather than the intraday lows of last Nov closer to 23. Closing prices mean a lot more than intraday prices.

I would also note the downtrend line connecting the peaks of early Oct, early Nov. amd early Feb...they form a line of successively lower peaks, that has not been broken yet.

BLNT
(better luck next time)
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