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

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To: Leroy who wrote (20475)8/12/1998 1:44:00 AM
From: Doug R  Read Replies (1) of 79270
 
Leroy,

As a system, a mewler becomes a sell when the 8, 3, 5 stochastics verify a BB sell signal or the stop loss rule is triggered.. This removes targeting from the equation so I would rather not get caught up in that aspect. However, since you asked, resistance is likely to be seen at 7 1/4.

Doug R
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