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


To: hman who wrote (35270)4/28/2000 11:36:00 AM
From: Doug R  Read Replies (3) | Respond to of 79270
 
Ok...here's some details for ROBV that I sent Danfan last night:

ROBV's TC is there alright. The stock's price is also at a good location in the chart. Good volume is the last necessary ingredient.
As far as catching them intraday in anticipation of an eod trigger, I generally go by how I know the stochastics behave and what the stock is doing that day. For example, a gap up at the open that doesn't close intraday will most usually cause the 89,3 %K to move up more rapidly than the 5 %D.
With ROBV's 89,3,5 in the position it is, a gap up, an initial move up from the open and a retest of the open that leaves the gap remaining would result in a strong buy signal on ROBV if it started up from the retest on heavy volume...preferably with heavy volume already on it going into the retest.

I'll be watching it closely for the above...thx,
Doug

Out of NSOL and into ROBV for 4 or 5 points