The 56 Point TA; Charts With an Attitude 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 : The 56 Point TA; Charts With an Attitude

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ceez who wrote (18071)	6/4/1998 3:46:00 AM
From: Doug R	Read Replies (3) of 79521

Ceez, I'd go strictly by the rules concerning H&S breakdowns. A close above the neckline could well mean that AEOS wants to attempt a new high. Considering that it gapped up and could not go any higher than it did in the first 15 minutes, it's not a buy. Also, it appears the majority of the volume occurred in one trade and ticked the price down just after noon. iqc.com Just play it by that neck line on a closing basis is my take on it. CTYA would be a cover if it rose above the line along the highs on Tue and Wed. I can't tell if the huge trade on it was a sell but the close on the low would seem to say it was. Doug R

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next