SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jsavage who wrote (28658)4/22/1999 9:29:00 AM
From: bdog  Read Replies (1) of 79183
 
jdog, I might as well post my take on HWL here... [edit]

I really should have bought this sucker at my first plex buy sig at 3.5 (chicken dog) and so I am either late or a bit early.... again...

but I am really liking it here:

the tech look promising to me with the flag possibility...
the 89's are in the blast zone
13SRSI in up mode
plex is on the move up
auto mags of 4.375 weak, 7.5 weak, and 9.125 weak

for exits I'm using 12, -5 on the TSF SMI plex and 13SRSI with a moving target, depending on volume strength of 5 to 6 with 7 to 8 not out of the question...

oh ya, the down side , besides the typical 10% stop that I rarely obey, the trend is around 3.5 and the auto mag tline at 3.8 ish with recent low at 3.25...

on the nervous front... the CCI is OB and we need volume to push it over yesterdays close, preferably a whole bunch...>g<

be on your toes, off to work... yikes again

and yes, I own it...
disclaimerdog

[edit]

forgot, the 13,34,89 weekly MACD histo is coming out of winter mode with a 0 cross too...

RACE and ETVC (old CODI) should be on watch today too...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext