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

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To: R. Ramesh who wrote (12726)2/25/1998 11:19:00 AM
From: James Strauss  Read Replies (2) of 79309
 
>>>ASTN looks like it has a green light to the 2 5/8 area in the short term.<<<

>>>I am not quite sure I understand this. It has already crossed 2 5/8. Do you imply it will pull back or 2 5/8 is support?<<<
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Ramesh:

I should have been a little clearer in my explanation... All my support and resistance and price targets are based on closing prices... So, until ASTN closes above 2 5/8 it will not be ready to challenge its next price target in the 5 1/2 area...

Jim
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