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

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To: MechanicalMethod who wrote (22292)10/23/1998 5:08:00 PM
From: Cube  Read Replies (2) of 79230
 
Osci,

Ummmm, you're not going to like this. ABTE looks like it is completing it's wave 4 up move right now with severe resistance at 5 1/2. Then I'm showing a very high probability of the ensuing wave 5 down move to exceed the low of 1 7/8 set on 9-1-98. If it makes it into the mid 5's, it looks like a very low risk short position with a stop set at 6.

Cube
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