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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Robert Graham who wrote (24588)6/27/2000 2:17:00 PM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
**Update** 14:13 PM EST

I missed that this test of significant support was also coincidental to a test on of the 20 EMA on the 7-min chart which IMO was still in operation. Because price can pull back to the bottom of its price bar like it did. Now price yet another time is attempting to move up. A test of top would occur at 1477.75 which is worth noting here. A few minutes later now price is attempting another move down. if this fails, I would then anticipate that test of top to take place.

**Update** 14:21 PM EST

Looks like an attempt at a test of top has not followed through yet. Price bars appear to be expanding on the 3-min chart while price attempts to make headway on its move up. At this point, I would be perpared for a push down shortly.

**Update** 14:31 PM EST

Here is that push down that I had anticipated. Would of made a good setup for a move down with entry at 1476.25.

Bob Graham