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

To: Luce Wildebeest who wrote (23177)8/19/1999 11:00:00 AM
From: Ms. X  Respond to of 34811
 
Hi Calvin,

UNFI right now is on a long tail down having tanked in a big way since the end of June.

There is no entry point here. Sector in O's, RS in O's, trend way negative and no basing. Why do you want to buy this stock anyway? Are the fundamentals great? Why did they tank?

If you want to trade it you will have to watch the chart for a reversal up off the bottom. You can then enter a trade position with a close stop. Until then, its just guessing.

Take care,

Jan I am


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