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

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To: Doug R who wrote (15071)4/21/1998 9:18:00 AM
From: Ocote  Read Replies (4) of 79263
 
I've been working a little more on the stair step pattern, especially after a 1 year low, or nearing a resistance point. Here's some initial ideas, though some have appeared on the thread before. I realize this is more like weekend work, but my connection went bad over the weekend, but what the heck, Tuesday morning will have to do.

Some stocks showing stair step pattern(or merely rising lows) approaching resistance.

ABAG
AWRD
CAPB
CNDS
ESTI
FINL
HDIE
IMRI

Some stocks showing various early(or not so early) stages of stairstep pattern after 1-year low

DBCC--overhead resistance to deal with
OWAV
PAUH--MIMBO, but has to deal with downtrending resist in the 34 RSI
RG
SIMS
CYBG
INFO(miles, I hope somebody got into this one and made some money)
NEWZ

I'd appreciate any general ideas you have on the type of patterns being generated. I haven't done heavy-duty TA on these.

Ocote
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