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

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To: Doug R who wrote (16482)5/7/1998 8:25:00 AM
From: Dave H  Read Replies (1) of 79383
 
Hi Doug,

The stock I was wondering about is WAST. It's still in the HTF formation, right now it looks to be short term overbought and I think it should bounce off 2 1/4 before heading back up again. Lots of potential on this one if it does end up breaking out.
I also noticed that it had a 3 day MA/MLR crossover prior to it's huge breakout in feb. too bad we weren't watching it back then!

Also, re: HOMEF -- when is the time to buy it; or, did we already miss the ideal time (ie on BO day, 4/27/98)? At this point, do we just hope for the IH&S?

-dave
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