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

To: Robert Graham who wrote (25105)	7/10/2000 11:20:14 AM
From: Robert Graham	Read Replies (1) \| Respond to of 42787

How did I get that double post when I had not actually posted the first time but remained in preview mode? Price is consolidating on the 1-min chart. After this touch of the 20 EMA 1 does not follow through, I am anticipating a move up from here. Now price is attempting a move up. Lets see how far this carries through as it is attempting to reenter a trangle from the bottom trend line that has been providing resistance to price movement. Price has touched the 20 EMA 3 and now having found sellers there is moving down and now testing support formed by the bottom of the visible gap that has been closed. I am thinking it may move down for a test of larger bottom. Price has pulled back for a retest of the 20 EMA 1. On the 5-min chart there is a trendline is can test to the upside. This is part of a wedge style pattern that can resolve upward. So we shall see. Price has moved up to pierce that trendline. But there has been a loss of momentum. So unless it starts moving very soon, I am anticipating another pullback to support. So far a minor touchback of support on the 1-min chart. Bob Graham