To: Chas. who wrote (1878 ) 6/30/1999 10:53:00 PM From: ogod Read Replies (2) | Respond to of 2577
Results As of Wednesday, 30 Jun 1999, close Timeframe: 1-5 Weeks MPVIF Chart by Yahoo Finance Detailed MPVIF Chart Price Stock Picks @ MarketGems.Com 1.88, +0 pts (+0%) as of Wednesday, 30 Jun 1999, close Summary Bullish Indications Mild bullish 3 day chart pattern. Confirmation Mild bullish 3 day accumulation of the stock Confirmation Bearish Indications Intermediate trand possibly bearish, sideways trend and at upper resistance. Probability At price resistance area. Confirmation Overall Bullish/Bearish Indications 0 bullish probability and 2 bullish confirmation indicators. 1 bearish probability and 1 bearish confirmation indicators. Overall: 1 55% Bullish 1 45% Bearish Upside Trade Current Target 1: 2.13 Stop Limit: 1.62 Overbought/Sold Scale: 0 - Neutral, 10 - Extreme 1 3 Neutral, 50% long/50% short, odds equally favor long/short positions.. Overbought/sold is used for determining when odds favor entering or exiting positions. Neutral readings require other indicators to determine to go long or short. More... Intermediate Trend Change 4 Month Trend Analysis 1 -5 Intermediate trend possibly bearish, sideways trend and at upper resistance. Intermediate Trend Change is used to position trades at tops, bottoms, or with the primary trend. Short Term Direction DayTrade 1 6 Short term rally. Short term direction displays the size of the most recent rally or pullback over the past two weeks. It is used to help position long or short trades. For momentum traders that go long a pullback or strong pullback would be one signal to take a position. 3 Day Chart Alert 1 5 Mild bullish 3 day chart pattern. 3 Day Chart Alert is used to determine when to exit, enter or hold positions. 3 Day Accumulation/Distribution 1 4 Mild bullish 3 day accumulation of the stock 3 Day Accumulation/Distribution is used in conjunction with 3 Day Chart Alert to solidify the validity of a chart pattern. A mild-strong reading may signal the start of a good rally or pullback. A strong-extreme neutral reading can signal a possible trend change. 1 Day Money Flow 1 5 neutral 1 day moneyflow, stalemate between bulls and bears, occurs 35% of the time. An extreme 1 Day Money Flow can signal the end of trend or rally/pullback. A good-strong 1 Day Money Flow can be the precursor to a strong rally or pullback. Month Trend 1 2 Mild up month trend. Month Trend is used signal extreme rallies/pullbacks that are unsustainable. Odds favor taking positions opposite the direction of a strong or extreme Month Trend. Breakouts & Breakdowns No breakouts or breakdowns at this stock price. Breakouts & Breakdowns happen when support or resistance is broken with no resistance area just above or below and can result in a sizable move in the stock price. There are three types: possible, in process and confirmed breakout/breakdowns. Rally & Pullback Amount At the current stock price a typical rally/pullback of 0.54 points(28.7% move) occurs 25% of the time. An extreme rally/pullback of 0.7 points(37.2% move) occurs 5% of the time. The Rally & Pullback Amount is the potential move in stock price over a 1-4 week period when not Overbought/sold. Can be used to compare different stocks. Resistance/Support Map Price Resistance/Support Areas - Mapped up to 2.5 yrs back. Resistance=Blue, Support=Red Strong Resistance/Support = 10, Weak Resistance/Support = 1 >2 resistance areas above 2.44 ± 0.1 10 +29.8% from current price 2.13 ± 0.08 10 +13.3% from current price 1.86 ± 0.07 10 Current price at resistance/support area 1.65 ± 0.06 10 -12.2% from current price 1.52 ± 0.06 8 -19.1% from current price 1.21 ± 0.05 10 -35.6% from current price 0.91 ± 0.04 10 -51.6% from current price No support areas below, New low area The Resistance/Support Map is used to show future stock price areas where the stock may pause or reverse direction Open MPVIF chart in a window Signup for ICQ realtime charts Upside Trade Details Target 1 Price: 2.13 Profit: 13.3% Stop Limit: 1.62 Loss: 13.8% Profit/Loss Ratio: 1 : 1 - Poor ratio! Target 2 Price: 2.35 Profit: 25% , This is for an extreme rally Rally Potential Excellent potential, there are 0 resistance areas on the way to Target 1 Rally potential listed above may not be valid due to poor profit/loss potential.