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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: powershred who wrote (89)10/1/2000 10:13:44 PM
From: Teresa Lo  Read Replies (1) | Respond to of 8925
 
NT: About to test uptrend line on weekly chart to see if there is support in the $55 area.
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Daily swing chart: Still officially on a downswing, testing a previous low (blue line). Friday's trading made an inside day, so IF the high from Friday can be broken to the upside (with some good speed and thrust, i.e. short covering and becomes the 2B test of bottom set up) THEN we have a good chance of a bounce with resistance overhead at $70.
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For more information on tests, check out:
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Teresa