ACRT about to move to new highs Message Board

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Microcap & Penny Stocks : ACRT about to move to new highs

ACRT 0.110

-7.6%

Dec 30 4:00 PM EST

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To: stan s. who wrote (5182)	4/26/1998 6:54:00 PM
From: stan s.	Read Replies (3) of 7054

ACRT's chart.....nope I'm not posting one... The short term chart (daily) has turned somewhat neutral. More to the point it's ambiguous....relatively equal blends of positives and negative. Support areas run in the 14 5/8-15 range while the resistance points now encompass 16 1/2 -17 1/2. The weekly chart looks very good. The outer range of sup\res 12 3/4 to 22. The indicators mid term range appear very solid with a definite upside bias. It looks to be in a long term upward mode. I sold on Friday. When I came on this board in early March, I made it clear I was a trader using charts as my guide. I concluded trades 5 and 6 on Friday. 5 up, 1 even. Most of the factors surrounding ACRT seem positive. Earnings, new business etc. I'll re-enter in a heartbeat when I deem it worthwhile. Could be as early as Monday morning. Might not be...the Nasdaq and other exchanges (charts) grow a bit more ominous every day....both the daily and weekly charts. The monthly charts still look okay but a correction is coming. Don't get me wrong..............................the Naz, S&P etc. could still pull back up and recover.....for a time. I prefer to be in cash at the moment and trade very short term. I'm not a cheerleader...as least not while I'm posting charts....the perception of hype becomes too real. It's back to trading with a little consultation thrown in. It's very possible I'll post and chart here again. Then again............ Good luck to all.... Stan

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