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

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To: Magnatizer who wrote (29271)5/8/1999 12:19:00 PM
From: Magnatizer  Read Replies (1) of 79468
 
eabDad

I seem to recall a post of your asking for a read on AHTC but for the life of me I cannot find it. So I hope you see this one

AHTC mags: 3.28 utrend, 4.375 weak, 5.09375 neutral zone, 5.461 utrend, 5.636 utrend strong and key, 5.8125 weak, 6.43 dtrend (peg line), 7 strong, 7.375 strong

The time frame AHTC is pointing toward is May 21-24 (Monday-Friday). In that area the 5.461 and 5.636 utrends and the 6.43 dtrend peg line converge. I will be watching the 89.3.5 stochs for a return to the 80 line. If AHTC is gonna explode through the 7 and 7.375 strong mags it will need this stoch period crossing 80 at the time of the tline convergence IMO.

ht
david
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