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Strategies & Market Trends : Point & Figure - Beginners (Real Green)

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To: quote 007 who wrote (37)12/28/1998 12:04:00 PM
From: Ms. X  Read Replies (1) of 322
 
Stuart,
Where are you getting the BRL for MER? It is trading above its bullish support line right now and there is no bearish resistance line (BRL). Not a good short or put candidate. RS is in X's, above trend (bullsih support line). If it breaks the double bottom at 68, it could signal some more weakness but you should wait for that break.

Jan I am
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