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

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To: Warthog who wrote (28011)4/3/1999 1:41:00 PM
From: Doug R  Read Replies (1) of 79227
 
Hmph...missed the edit window,

CYTR has a downtrend line on the 3 dRSI from 1/19. It closed Thursday up against that line. Considering the other techs on it, that line should be the key technical factor. Due to that, it's in serious stalk mode using volume as confirmation. Even a low volume break over that line would be positive enough to spill the stalk mode over into Tuesday and/or Wednesday. It's been threatening to go for a while now with the rabbit signal getting very twitchy and the 3 week RSI just now crossing over the 14 week (both set to also move over 80)...it's so close here you can almost taste it.

Doug R
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