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


To: John T. who wrote (25711)7/20/2000 2:03:37 PM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
I understand now. Looks like a small bottom has been put in on the 5-min chart. A move up from here would confirm. I am not confident about this bottom. Price needs to move up well from here to salvage the bottom.

There was no play on that bottom for me. There was an entry to the upside on the 1-min chart, but considering the way the bottom was being formed, I did not play it. Interesting that so far TRIN is not validating the move up. TICK has finally broken that trend line mentioned earlier. Oh...and volume IS validating this move up.

Bob Graham