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

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To: ACAN who wrote (23973)12/6/1998 11:59:00 AM
From: Doug R  Read Replies (1) of 79258
 
Allan,

MTON has a lot of things going for it technically. The 3 dRSI trick is not one of them. It was pasted for only 2 days. Now if the 3 dRSI trick only required 2 days then it would have the trick here. I like 3 days pasted better though. I think that shows more investor conviction. The rabbit is signaling on it, you're right about the 8 EMA/SMA. The 4, 3, 2 stochastics has really wound up over the last month. That parameter set needs to turn back up for MTON to go very far this week. I'd like to see the %K on the 4, 3, 2 get over 90 if it does turn up and break out of the spring. That would probably get it moving well over 13 again.

Doug R
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