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


To: smahi who wrote (36420)8/6/2000 6:10:24 PM
From: Magnatizer  Read Replies (1) | Respond to of 79623
 
smahi

RFMD keeps breaking key supports. It appears to be finding support from the 65.39 neutral zone (see RFMD horizontal chart on my site... through daily commentary link)

I would call it neutral at this point as said neutral zone has held on first test and on the retest. It has not shown the ability to take advantage of bounces off key supports for some time so entry in this area for the aggressive bunch only. I would wait for 52 to go long. Shorting here is just too late. IMO of course

ht
Mag