The 56 Point TA; Charts With an Attitude Message Board

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

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To: JKraft who wrote (19996)	7/30/1998 4:20:00 AM
From: Doug R	Read Replies (5) of 79258

Joanie, That's a pretty strong technical bounce on WWW so far. The technicals need a lot of work still and I don't really expect too much more upside just yet (maybe 19 1/4). I'd like to see it stabilize and give the technical strength a chance to build for it to be able to get anything sustainable going. Check out GZTC. It made a similar move 9 days ago (without the gap). You'll see what is more likely to happen with WWW in the next week or so. Collin may also be interested in GZTC since it has established the significant lower 3 dRSI peak to get a good down trend line and has an uptrend going. Down trend from 1/22 98 to 7/21/98. Uptrend from 6/29 to 7/15. Acceleration from there is already in place. All it has to do now is hold that acceleration on Thursday. Doug R

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