MB TRADING Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : MB TRADING

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Nazbuster who wrote (1834)	11/8/1998 4:00:00 PM
From: TraderAlan	Read Replies (3) of 7382

Daniel, You found a great example of intraday TA in action with four separate forces at work. I whipped together a quick 5 day with Bigcharts and posted it at: hardrightedge.com a. intraday double top failure b. break of the 3-day trendline c last hour violation of the 1st hour range (probably why this thing accelerated the way it did) d. break of whole number support at 50 I've been watching ASND play this 50 game for months. Take a look at June 9th. That's the day ASND was added to the S&P500. It's spent 30 trading days hitting 50 from one side or the other since then. With so much institutional money coming in that day, the stock attracts all kinds of action near that point. Alan

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next