Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: TATRADER who wrote (6517)	5/1/1998 1:33:00 AM
From: shasta23	Read Replies (1) of 7396

Mark! What's your read on PCTH? Looks like a rectangle 4 by 7.Or could it be a relative double bottom, relative because kind of close to a high? It's creeping to the breakout point but not with exceptional but increasing volume.Just had an D+/D- crossover but ADX is still pointing down. Trend not established enough and not enough volume to break through 7? Your ultimate Oscillator made a higher bottom this time although it made higher lows before too and is almost trading in a symmetrical triangle. I like the looks of Stochrsi(14) and (8,5) and the Moneyflow...also like MACD(5,35,8) ready to cross zero and the longer MACD(13,34,89) bottoming! Stefan

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