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

To: MMK who wrote (31575)	8/15/1999 12:49:00 AM
From: milesofstyles	Read Replies (1) \| Respond to of 79273

mmk such short histories are not necessarily reliable reads for ta, but it does appear to have a low risk,protective exit just below 4.50 to me. all you can do is check some short term indicators, and again, warning on the reliability issue, but i think some volume here could pop this thing, there are short term divergences that have been occurring since 8-4 and 8-6. not much trendline stuff to rely on so my guesses as to where resistances would occur would be around 5.25 and 6.18, after that not until 9 area. 3day bb's are in a pinch and if volume should step in, you'll get a pop. milesov