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Strategies & Market Trends : The Rational Analyst

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To: Scott H. Davis who wrote (481)4/8/1998 8:24:00 PM
From: HeyRainier  Read Replies (2) of 1720
 
[ Ascending Triangle ]

Scott (where've you been?):

You know, there's an Ascending Triangle on your stock, ISIP:

members.aol.com

A breakout from that would coincide wonderfully with a breakout from its long term downtrend, and that 1-2 punch would just be grand...we are now waiting for a close above $16.00. It might hit the 30 DMA as a resting place before a possible takeoff.

Of course, these are all TA-based observations. We will need your expertise to make the Rational Analysis complete. You would know better than I about the fundamental characteristics of this situation. How do you rate it?

Regards,

Rainier
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