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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (19641)7/20/1998 1:42:00 PM
From: Dave H  Read Replies (1) of 79282
 
Hi Doug,
Just thought I'd put in a few words re ELGT & BJCT:
ELGT recently completed a buy sequential on 7/13. (Still a chance for it to recycle though...)
It has TDST support at 2 1/2. This seems to be a very good place to pick up ELGT.

BJCT:
BJCT also recently completed a buy sequential (completed on 6/26 where it closed at 1 3/4).
TDST resistance remains at 2 1/8. Lots of insider buying during the month of may too. I like this one but I might wait for it to break the aforementioned resistance I see.

-dave
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