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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Gene S who wrote (30728)7/5/1999 11:43:00 AM
From: Gene S  Read Replies (1) | Respond to of 79227
 
More MIMBOS?

PVN AMTD MSPG WEBT EPAY




To: Gene S who wrote (30728)7/5/1999 5:41:00 PM
From: Doug R  Read Replies (1) | Respond to of 79227
 
Gene,

So far NSOL can be said to be a probable head and shoulders in the making. On a monthly chart there is a left shoulder and head with the current move possibly getting busy on putting in a right shoulder.
The daily chart shows 2 left shoulders and head.
It appears the significant resistance is that last downtrend seen previous to the run to the high. That would be a line from the high on 2/1 across the high on 3/9. A volume supported move over that line would signal entry for a move back to the 120s or higher.
The chart activity since it put in that all time high does not fit the template for a MIMBO however.

Doug R