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Strategies & Market Trends : Three Amigos Stock Thread

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To: R. Ramesh who wrote (4320)5/5/1998 12:14:00 AM
From: Magnatizer  Read Replies (1) of 29382
 
Ramesh

You did great.

The TA had one specific indicator which is highly predictive of a good jump in price. RSI 3 with an IHS formation. A break out of this formation will give a healthy jump most of the time. PURW had TWO of those in the past 5 days. I still think PURW will settle into a range but this activity smells of news leak. We will know shortly I believe.

ht
david
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