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Strategies & Market Trends : Point and Figure Charting

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To: Dave Shares who wrote (16893)4/7/1999 10:25:00 AM
From: Ms. X  Read Replies (2) of 34811
 
DRIV is a hard question for a newbie. It is pulling back and with a stop way dow at 33, 41 isn't a reasonable entrance. Now if it reverses up, you have a close stop at one box below wherever the column of O's decline to. You have to wait and watch the chart.

Resistance for TQNT is at 26, the two X's at that level. Also right here at 21.

VSH had a nice breakout. Pullback around 16 would be the way to go.

Jan I am
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