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


To: curtis christopher who wrote (32497)11/5/1999 2:23:00 AM
From: Doug R  Read Replies (1) | Respond to of 79214
 
Curtis,

AZTC:

Check the monthly chart from 7/87 where it had an alltime high of 10 15/16 to where it became a MIMBO in 4/96 at 5 1/4 and subsequently returned to the alltime high (and a bit more) by 2/97. From that new alltime high in 2/97 there hasn't yet been a MIM from which to draw a major downtrend line across. There's been a large amount of volume since 3/97 so I would expect some significant volatility in the price making it a good stock to trade using some shorter term TA signals. I'm not sure I would chase it here after the recent move but there'll be plenty of other opportunities with it.
Thanks for bringing it to the thread's attention.

Doug R