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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?


To: James C. Mc Gowan who wrote (21031)6/10/1999 1:15:00 PM
From: Ms. X  Read Replies (1) | Respond to of 34812
 
Yes, this returns the stock back to a buy signal.

When there is a sell signal or a sell pattern it is always reversed buy a buy signal but always look at other factors. Is it below a BRL, is the RS in O's etc.

In this case it is a big move. It was heading towards the BSL and the bottom of its trading band.

It is a nice one to look at. We'll see if today's action moved the RS back to X's.

Take care,

Jan I am