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


To: Doug R who wrote (36197)7/10/2000 6:59:59 AM
From: Danfan  Respond to of 79404
 
Doug:
Agreed...although a rise above the 50dEMA, even during the last of the compression stages, seems to increase the BO potential here. Almost all seem to ride the resistance of this indicator before the BO.
Meanwhile, take a closer look at ROBO. A volume rise to consistant higher lows, constant support by the 50dayEMA, tight pennant formation, tiny range Friday on higher volume, 8.3.5 IHS potential, and a three pointed TC for Tuesday.
Smells like stock spirit.
Danfan.