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

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To: Jeffrey L. Henken who wrote (14884)4/18/1998 11:12:00 PM
From: Doug R  Read Replies (1) of 79298
 
Jeff,

I started the 56 point TA on ABMI and it got tossed out of the blender on the first speed. There are no real sell signals on it but no buy signals yet either. A nasty downtrending line of resistance is above it. If it can get through that line, it will be a MIMBO though and then I'll be all over it. The line is currently at .89 and on May 25 will be at .75. I imagine you like the fundamentals. The chart is still working on confirming them.

Doug R
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