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Strategies & Market Trends : Point and Figure Charting

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To: wizzards wine who wrote (4590)7/10/1998 3:33:00 AM
From: Ms. X  Read Replies (1) of 34811
 
PFE back on a buy signal.
Daily and weekly momentum are positive. Monthly goes positive at 119.
OK here with a stop of 100.

122 |
120 ------------------+---------------------------X ------------------
118 | X O X
116 | X O X O X<--Triple top break.
114 | X O X O X X X
112 | X O O X O X O X
110 ------------------+---------------------------X ----O X O X O X --
108 | X 5 X O 6 O X
106 | X O O X 7 Higher bottom
104 | X O X
102 | X X O
100 ------------------+-----------------------4 O X ------------------
99 | X O X
98 | X O X
97 | X X O
96 | X O X
95 ------------------+-------------------X O X ----------------------
94 | X O X
93 | X O
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