Stock Attack -- A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: wiley murray who wrote (8261)	5/7/1998 12:27:00 AM
From: Chris	Read Replies (1) of 42787

hi willey (wfc) wfc is still on weekly buy but closing in sell soon. (remember, weekly signals are not that accurate in terms of timing) with all the hoopla and external effects of the merger rumors, it's hard to say what wfc is doing. but simply looking at the chart, wfc tried to break the old high but failed to do so.. ie: a Failure! i see it testing the 21 day ema @ 365 or so.. .. chart for wfc looks weak.. (although actual weekly signal sell not triggered yet) do note that this failure to reach new high is also seen in the mkt! that failure signal should be noted.

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