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 : Point and Figure Charting

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerry Olson who wrote (19907)5/13/1999 12:22:00 PM
From: Ms. X  Read Replies (4) of 34816
 
To all COPY cat peoples....

The stock is only .07 away from a spread triple top. I can't believe
it. It has made a huge move today for such a small stock and the
volume is tremendous. I think something must be up, some news coming
out perhaps. A spread triple is even better than the triple that CAMP
did at this level.

I should also mention that COPY broke the BRL today turning the trend
positive. This is the first time the stock has been able to break the
BRL for a year and this is very bullish for the stock.
Both the RS and the DWA RS is improving but still in O's. If it
manages to reverse the DWA RS to positive, I would then expect a
decent pop in the stock. I will be watching this closely. Today should
have a big effect on the RS.

Here is a chart of COPY.

4.75 |
4.50 -------X --------<--Second resistance level and second price objective.
4.25 X O * |
4.00 -------X O ----X --X * -----<--Next resistance level and first price objective.
3.75 X O X O X O * |
3.50 ----X O 4 --5 O X O --* --------+-----------------
3.25 * X O X O X O * O * |
3.00 * X O X O X * --O ------* ----+-----------------
2.75 O X O X O * O * 6 7 * |
2.50 -O X O X * --* ------O X O ------* +---? <-- Spread triple top break/very bullish.
2.25 2 X 3 * O X O X X * X <--Today's double top break.
2.00 -O --* --------------O X O X O X O X * 5 ---and break of the BRL
1.75 O X O X O B O 1 O X this is very positive.
1.50 ---------------------O X O --8 X O X O X ------------
1.25 O 9 X O X 3
1.00 -----------------------------A X C +------------- Bot
0.75 |
0.50 -9 ------------------------------9 +-9 ------------
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext