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


To: Warthog who wrote (33271)1/1/2000 10:49:00 PM
From: Doug R  Read Replies (2) | Respond to of 79189
 
Wart,

"opinion on TSCP??"

Excellent. Daily, weekly and monthly chart structure is very good. Volume is well in line with the technical profile. The key indicator for verification here appears to be the 13,8,8 stochastics. Look for a volume supported move that takes the 13,8,8 over 80. The 89,3,5 is already very hot so 13,8,8 verification (on volume of course) would signal excellent potential.
A break over the line from the low on 11/17 to the high on 12/13 should be enough to support technical verification and put the next short term target at the line from the low on 11/8 to the high on 12/1. That first line is very much weakened as resistance already so I would put short term potential for TSCP at 73%.
Is the tweak in line with this:
Message 12356315
?
;-)

Doug R