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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Roger who wrote (5098)10/9/1999 4:02:00 PM
From: Dr. Stoxx  Respond to of 39683
 
Thanks, Roger. Glad to have you aboard. From time to time I'll post links to great TA sites, for educational purposes. It's worth knowing at least a bit about chart patterns and how to calculate support and resistance lines, even if you invest per fundamentals.

For next week I am looking at the following, at least:

COOL: which has put in a double bottom; target of 10.5, but only if it trades above 9.25
OMKT: has broken out of an inverse head and shoulders pattern, with support at 12.55, and a target of 23
YHOO: which has broken out of a long-term downtrend, and has cleared a double-bottom pattern, has support at 178, and a target of 235 (revised down from 275)
ONSL: has broken out of a 10 month downtrend, and is pushing off a double bottom; has support at 17.5 and should see 21.75.
EGGS: has about another 1.5 in it before it hits resistance.

TC.