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


To: Densiebj who wrote (35979)6/18/2000 2:27:00 AM
From: Doug R  Read Replies (1) | Respond to of 79243
 
D,

ELON does look read to go...........
however...
when a chart is in the "shape" that ELON's is here, I like to assess the 233 dCCI. ELON doesn't have enough history for the 233 dCCI to offer much help. I could use TCLN's 233 dCCI as an example (indicator uptrend from 10/21/99 to 10/26, 11/2 and 12/7...) but that would just belabor my interest in TCLN at this point.
ELON's technical profile shows uncertainty here. It needs a move on VOLUME. If you're already in it...DO use appropriate uptrend-line stops.

Doug R