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Strategies & Market Trends : CAVALRY'S SHORT BUSTERS - MAGIC EIGHTBALLS PICKS

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To: Janice Shell who wrote (1167)10/17/1998 1:30:00 PM
From: Cavalry  Read Replies (1) of 1637
 
jan jan my ta using friend why dont you explain why this chart spells such doom for the shorts on aznt,
could it be the recovery from the top band divergence after the failure swing at $2,

could it be how far above the top band aznt's price is sitting, could it be how long the price has broken and remained above the top band,

could it be that the 20 day moving average has broken above the top bollinger band, very rare pattern, almost never does 20 day moving average go above top band and keep rising away from top band, xto only one that comes close i've seen,

could it be the fact that the range of the top and bottom bands is between $1 and $1.20 which the shorts have no prayer of getting aznt down to again, this puppy is gone, like a steam locomotive the aznt trains gonna run today, real test is $2,
major resistance last test that level, breaks $2 you should look into posting under a new name on si, you will be disgraced.

read em and weep, break out city

tscn.com

your friend and enemy
Cav
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