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

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To: Doug R who wrote (26605)2/21/1999 2:46:00 PM
From: mike.com  Read Replies (1) of 79352
 
Doug, IATV's chart is definitely one with an attitude:
dailystocks.net
My question is this: the all time high for IATV is a little over 8 but it's hitting 52 week highs recently. What happens when it trades over its all time high and no longer has overhead resistance? What has been your experience when that happens to stocks? People have some very high expectations for IATV and I'm one of them but I'd just as soon wait and see a nice orderly upward progression. This is a stock I want to own over the next few years.
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