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


To: ACAN who wrote (36151)7/6/2000 2:10:56 AM
From: Doug R  Respond to of 79384
 
Allan,

DURA:

It's got the MIM. It's got the BO. A nice quick retest is in. Volume confirmation still slightly questionable.
Many MIMBOs put in a head and shoulders after the BO and then shake out with a brief break below the neckline. The left shoulder, or sometimes the head of that H&S sets the first Pegline. The H&S also leads to an ACT from which an IL can be constructed out of the H&S.
DURA's chart, so far, has the structure required.

good eye Allan,
Doug R