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

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To: Magnatizer who wrote (27706)3/26/1999 12:04:00 AM
From: Alski  Read Replies (1) of 79180
 
Thread,
Would maybe somebody here help me out by checking out ABBBY. I'm biased, 'cause on account of that's where I work (and they gave me a nice raise today too <VVBG>).
Perhaps a delayed reaction to the ABB Astrom JV announcement or maybe somebody likes that Pierce guy an awful lot, but today's volume got my attention. There seems to be a MIMBO going on, tying to break out of an IHS with an uptrending neckline (actually there's bee a bunch of those, but never the volume). Those uptrending necklines are tough to get through but now there are IHS's set up in the 55 & 88 dCCI, strong MACD, stoch cross overs all over the place with the 89,3,5 stoch cross over way up at 90, and I don't know what all else.
So what am I missing? I'm wondering if this might be an opportune time to invest in myself (and a few hundred thousand others)?
Thanx...Alski

P.S. ABB has been pretty good with major press releases lately:
biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
biz.yahoo.com
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