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: Doug Hunter who wrote (21581)	9/23/1998 1:55:00 AM
From: Doug R	Read Replies (1) of 79269

Doug, PNLK is a sneaky little devil. The potential is there but somehow I get the impression that the technical profile is being held down. Very curious behavior. The MACD is on the verge of becoming red hot, 34 dMO is cruising and the SMI is above its bullish threshold but everything else is ho-hum at best. The short history makes it hard to get a solid read. It's sitting at the edge of a base on base formation right now. 5 days for the first base and now on the 5th day of the second base. I'll be watching it very closely for a hiccup on volume since it seems to be quite volatile. Thanks for dropping by with it. (didn't you ask about it a few months ago? It was already in my data base from then) Doug R

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