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

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To: Instock who wrote (14293)4/4/1998 3:00:00 PM
From: Doug R  Read Replies (1) of 79371
 
Scott,

Technically, everything is in place. A full blown TA says TRKN belongs significantly higher already in % terms. In the very short term, it should approach 2 again. Volatility will be high also. It may become subject to heavy daytrading influences and you'll have to be nimble to play along or just pick an exit price in the 1 1/2 to 1 3/4 range. My series of SMI's may be just now starting an uptrend. If that gets going, the stock has to go up

Doug R
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