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To: EepOpp who wrote (40581)9/13/1999 12:51:00 PM
From: HairBall  Respond to of 152472
 
EepOpp: Since you are the only one to respond, I decided to not take the time to do a critique. But I did decide to upload and give you links to my updated intraday semi-log charts.

To help you formulate your own analysis, the following will help you understand my trend lines. The indicators are main stream and hopefully you already have some understanding of the directional movement, stochastic and MACD indicators.

Horizontal gray lines are previous support or resistance price action areas that have been broken and now act as either support or resistance depending on price action. Horizontal red lines are support price action areas. Horizontal green lines are resistance price action areas.

Rising or falling lines indicate support, resistance or support/resistance lines. Gray lines are support or resistance trend lines that have been broken and now act as either support or resistance depending on price action. Green lines are resistance trend lines and red lines are support trend lines.

The dark blue lines are formation lines and in this case represent a rising wedge where price action has broken to the norm, which was down.

Good luck trading.

homestead.com

homestead.com

Regards,
LG