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Strategies & Market Trends : Technical Analysis - Beginners

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To: David R. Evans who wrote (8732)9/30/1998 9:44:00 AM
From: Webb B Blackman Jr  Read Replies (1) of 12039
 
When you draw the regression channels in MSWIN, extend them to the right BUT do not re-draw then until a new high is hit. When price falls out of the channel(bottom) it is negative.

Dave,
I let GET draw these channels all the time, but often wonder how often to redraw them or at what point to draw them the first time. The more days you wait, the wider the channels.

As you suggested, I am watching LU each day for a breakout.

--- webb ---
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