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Strategies & Market Trends : Point and Figure Charting

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To: Alan Smithee who wrote (15943)3/18/1999 6:04:00 PM
From: Ms. X  Read Replies (1) of 34810
 
Hey there,

ACTN did reverse into X's and broke a double top. While the stock still looks weak I would wait to see if it continues up. It is still a short candidate while it is under that bearish resistance line. It may rally up to that line and then reverse down.
I'm sure triple witching had something to do with the move. Let's see what it wants to do from here.

Jan I am
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