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

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To: Ocote who wrote (14711)4/16/1998 3:27:00 AM
From: Doug R  Read Replies (3) of 79296
 
Ocote,

ASFT...yup
BAR...uh huh
CMAG...nah
DEEP...aye
NTAP...hmmm
KELL...could be
ITX...hmmmm

I like the scan. What is it? It looks like it goes after ascending triangles approaching the wild blue yonder. The ones with thinning volume during the final days of the triangle will usually do best. High volume as a stock approaches a high can often mean distribution. The breakout needs volume but those final days before the breakout don't.

Doug R
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