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Strategies & Market Trends : Point and Figure Charting

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To: dennis michael patterson who wrote (9082)10/26/1998 11:15:00 PM
From: wizzards wine  Read Replies (2) of 34809
 
Dennis, DELL has traded to a High of 62 and we look for a Pull back in the area of the mid 50's to enter.... although the RS (Relative Strenght) is in O's below the market growth, my target is 65 for the BRL ( Bearish Resistance Line) of DELL...The vertical count is 65 for a target... as we are at 63 currently...

Nice 8 to 10 point swings in both directions...

Later

Preston
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