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

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To: Alski who wrote (22959)11/12/1998 10:04:00 PM
From: Magnatizer  Read Replies (1) of 79227
 
Alski

I just ran the magnets on AIPN. I believe Russ had put in the request on Monday.

Magnets: 1.375 very strong, 1.50 uptrend, 1.75 (not magnet but a significant long term downtrend), 1.8125 weak, 2.00 strong, 2.125, 2.625 weak, 2.70 uptrend, 3.625 downtrend...

AIPN came down to retest the long term downtrend which it recently broke through. Nice volume retest day. I like it. Some of the techs are saying 2-3 day pop then a pullback followed by a nice steady climb

56ers check the 89 MA/MLR on this one.

ht
david
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