Point and Figure Charting Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Point and Figure Charting

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: lobster who wrote (3066)	5/16/1998 7:03:00 PM
From: Ben Antanaitis	Read Replies (1) of 34823

lobster, I downloaded the data and took a look at the EZ-PnF chart 2% log chart. HWP was at an 'interior' bullish resistance line, but well within the overall bullish trading channel. The fact that it was at a resistance line should have generated caution and should have told one to check to make sure their stops were in place. But there was nothing to indicate that HWP was going to drop a bomb. The way the stock gapped/dropped, I would guess that many folks got their stops blown through anyway during the overnight looting that takes place via Instanet.... :-( I posted the hwp EZ-PnF chart at pipeline.com Ben A.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next