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


To: Robert Graham who wrote (25232)7/11/2000 12:05:49 PM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
Price is retesting the 20 EMA 3. Market at a key point. Stochs on 3-min chart moving past 80 which can result in a good push up. Sorry, I was a few minutes late in guessing the time of this move. Difficult when gauging time on the 7-min chart.

Now resistance being found at the apex of the triangle I had mentioned in a previous post. Now into the lunch session.

Price has moved down to touch the 20 EMA 7. If price does not move up quickly from here, IMO the initial move up has been invalidated, and we may have to wait until after the lunch session to see anything of significance.

Aha...here we go. Price now has retested the apex of that triangle as resistance and is attempting a minor breakout here. The up slope of the 20 EMA 7 is helping to push price upwards.

Bob Graham