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Strategies & Market Trends : Point and Figure Charting

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To: Bwe who wrote (12223)1/4/1999 12:30:00 AM
From: Lyn Benson  Read Replies (1) of 34823
 
Bruce, am I correct in seeing the latest action on BVSN last week, with drop to 28 and quick (more than 50%) retracement back to 32 (not yet showing on chart) as a low pole formation, setting the stock up for a potential QT buy at 37? Would the strength of the QT breakout likely be sufficient to get past resistance at 44? Thanks!
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