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Strategies & Market Trends : Point and Figure Charting

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To: Sonki who wrote (3246)5/28/1998 11:05:00 AM
From: wizzards wine  Read Replies (1) of 34811
 
Hi Sonki, I hate to be the bearer of bad news but this is what I see P&F wise on NVLS, the RS is a BUY in a column of O's which is not the greatest, but even worse is that it gave a double bottom sell signal on 5/15 and then went on to violate the bullish support line at 44. To add insult to injury, yesterday it got another lower O at 37.

My read, is that this one is still headed south on I95, Sorry.

Later
Preston
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