The 56 Point TA; Charts With an Attitude Message Board

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

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To: bdog who wrote (26044)	1/31/1999 11:58:00 AM
From: Doug R	Read Replies (4) of 79504

Bdog, Ya gotta love that comkey scan. All those hits look great. Some notes: BCOM gapped over resistance on good volume and did not get too extended on the breakout. Solid continuation very likely. CTEN has the look of a buyout already at the takeout price but the terms of the agreement (if there is a buyout) might allow for more. Check out the monthly on GGEN. Do a reality check on possible prior reference peaks for verification of it as a MIMBO. The 5/97 peak doesn't qualify...oh well. NATL has a nice little 3 day ascending triangle. Those kind are sneaky in that they can often lead to a significant pop without appearing too obvious. Remain cautious on NMCOF. NPCI is a classic cup with handle. The handle is a symmetrical triangle that has already done the MIM touch thing. ONPR is probably putting in a MIM. Should still be good for a quick trade if the current short term breakout shows a tick up on volume. PMRP...I'll take your word for it about the sauce. VTA is certainly low. It should allow plenty of time to stalk it for entry. It most likely needs to confirm that initial acceleration before a really good pop. Hybrid notes up next. Doug R

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