Set the Controls For The Heart of the SUN 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 : Set the Controls For The Heart of the SUN

IQ 2.150

-3.2%

Nov 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: coaster who wrote (666)	6/2/1998 8:54:00 AM
From: Dave H	Read Replies (1) of 1156

Hi Gary, MLT isn't anywhere near completing a sequential (day 5 of a buy setup), but it does look like a good short candidate -- like you said it is setting up the right shoulder of a H&S. Definitely overbought and looks like it doesn't have anything left to push higher. TDROC1&2 gave sell signals friday. Given the overall market direction these days, I'd say MLT could turn out to be a very good short. The closest TDST line to the downside is right below the gap waaaaay down at 8.56. -dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next