Point and Figure Charting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: David N. Jones who wrote (1858)	3/17/1998 11:03:00 PM
From: Ms. X	Read Replies (1) of 34822

Hi David, ECGOF certainly has been suffering a bit. If it hits 8.5 that would be the 4th consecutive P&F sell signal since October. The relative strength is weak and the daily momentum is positive but is very close to crossing negative. I would not initiate any new positions. 8.5 is the stop. THQI has great support at 19. The RS is strong and it is trading above its bullish support line. Sector is good. What was the reason for the drop? Earnings? The drop pulled it right back to support. If the FA is solid I would think this to be a good buy in opportunity with a stop of 18, a spread quad break. Best of luck, Jan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next