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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (4016)6/23/1998 11:27:00 AM
From: Ms. X  Read Replies (5) of 34806
 
LU - Technically Sound!
LU is looking great technically. Sector at 38%.
Short term price objective, 90ish. Stop of 65

81
80-------------------------------------------?<--Move to here would break LU out of base.
79 X ?
78 X O ?
77 X O ?
76 X O X X Today's move
75-------X ----------X O X O X ------X --X --X Spread quad top break-
74 X OBearish signal reversal->X O X O X
73 X O X O X 5 X O X X O X O X
72 X O X O X O X O X O X O X O
71 X O X X O X O O X O X O
70-------X O X --X O X O ------O --O X ---------
69 X O X O X O X 6 X
68 X O X O X O O
67 X O X O
66 X O
65-------4 ----------------------------------------------
64 X
63 X
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