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Strategies & Market Trends : Point and Figure Charting

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To: Judy who wrote (2063)3/29/1998 11:23:00 AM
From: Ms. X  Read Replies (2) of 34812
 
Uncanny, these trend lines. Wanted to show everyone this chart
I found today of PKD.
Strange isn't it, how it keeps retracing from the BRL?!
Think it's possible it might reverse down from here?
If not, and it breaks this resistance, it could spark a
powerful trend upward.
Just wanted to share.

17.5 | X * |
17.0 -+-----------X O * ------------+--------------
16.5 | A O X * |
16.0 -+-----------X O B O * --------+--------------
15.5 | X O X O X * |
15.0 -+-----------X O X O X O * ----+--------------
14.5 | X O X O X O X * |
14.0 -+-----------X O X O X O X O * | -------------
13.5 | 8 9 O X O O X O * *
13.0 -+-------X O X O ------O X O --| X * ---------
12.5 | X O X O X O X | X O *
12.0 -+-------X O X --------C --O X O X O 3 * -----
11.5 | 7 O * O X O X O X O X
11.0 -X ------X ------------* --O --1 X 2 X O X ---
10.5 1 O 6 * O X O O X
10.0 -X O X --X --------* ----------O X ----O -----
9.5 X O 3 O X * O X
9.0 X 2 X O X ----* --------------O -------------
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