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Strategies & Market Trends : Point and Figure Charting

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To: feewaybill who wrote (953)2/22/1998 12:54:00 PM
From: Ms. X  Read Replies (1) of 34816
 
Hi Bruce,
FIBR looks good. RS is on a buy signal but it did reverse down. This warrants consideration by keeping an eye on your stop points.
The pullback is a good one and sets up a good risk reward. Your stop would be 3.25 a violation of the bullish support line.

Looks like you called it pretty well.

Take care and welcome to the thread. Glad to have ya join us!

Jan
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