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

To: MartinF who wrote (6315)	2/19/2000 4:08:00 PM
From: Ken Adams	Read Replies (1) \| Respond to of 39683

Hi Martin, Appreciate your comments and nice chart. I target my short term trades for 10% gains. I need 38 with SBUX to attain that. It will take a breakout of the triangle for this to happen, of course. Then 38 is about the middle of the resistance area your chart shows. At any rate, I'm out if the triangle breaks down. I have a stop at 32 and will be a close observer on Tuesday. It's about to have an encounter with the centerline MA on the 20 day BBs and that may tell the direction near term. OBV has been in a steady and sure rise for months. We shall see! Ken