ACRT about to move to new highs Message Board

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Microcap & Penny Stocks : ACRT about to move to new highs

ACRT 0.110

-7.6%

Dec 30 4:00 PM EST

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To: Goulds who wrote (3267)	3/12/1998 9:20:00 AM
From: stan s.	Read Replies (1) of 7054

ACRT's chart in Equivolume, an explanation follows. geocities.com I will repeat what I posted after Friday's close. If one were shorting this company without evidence of the most egregious duplicity, one should be panic stricken. The pre open bid at 20 minutes before open is 14 1/4. A "power box" is one in which both height and width increase substantially. NOTE yesterday's box.... The shape of each Equivolume box provides a picture of the supply and demand for the security during a specific trading period. Short and wide boxes (i.e., small change in price combined with heavy volume) tend to be seen at turning points, while tall and narrow boxes (i.e., large change combined with low volume) are more likely to be seen during continuing moves. Especially important are boxes which penetrate old support or resistance levels, since it takes "power" to create a reliable penetration. A "power box" is one in which both height and width increase substantially. Lack of box width, due to light volume, puts the validity of a breakout in question. The more volume in a top or bottom consolidation, the larger the ensuing move is likely to be. Volume is directly observable on an Equivolume chart by noting the overall width of the consolidation. Good luck to all, Stan

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